What else can we do in terms of property investment in 2014?

[Royston8H]

Property prices are sky high and signs of dropping are getting more.
Will welcome your views in the singapore property market trend.

[Ringo33]

Property prices are sky high and signs of dropping are getting more.
Will welcome your views in the singapore property market trend.

11 post at counting within one day. You must be a lao JIAO wearing new clothe in this forum.

[Royston8H]

No lah...it is really my first time posting though i read this forum posting before.

. Sometimes can learn from seniors like you

11 post at counting within one day. You must be a lao JIAO wearing new clothe in this forum.

[blackjack21trader]

After 15 April 2014, Singapore property will cheong/rocket like nobody's business. Good Luck.

[DC33_2008]

What is the good news then?

After 15 April 2014, Singapore property will cheong/rocket like nobody's business. Good Luck.

[JNSYN]

Property prices are sky high and signs of dropping are getting more.
Will welcome your views in the singapore property market trend.

Ask your mentor Wendy and share with us lah.....
Why come here to get idea for your blog or maybe mentor????.

[Royston8H]

Hey BlackJack21Trader,

Your comment is interesting. Can help to shed a light about this good news?

[Royston8H]

Yes, i learnt from Wendy Kwek about property investment. Before that, i thought i can be on my own in property investment and i never realise how powerful is the leverage of a big property investor network and opportunities are just lying around us. I should have learnt from her when i met her many years back. Learning is never endless anyway.

This forum will have a lot of clues about private condo. Start to monitor the trend of local private condo market development.

I am quite happy to know from a blog post asking for comments about the 5 yrs dbs loan package @1.88% FIXED yesterday. This is quite a new home loan package only known to me from that blog post yesterday. haha, I learnt something too and i am serious to consider re-finance in this coming July if the package still exist.

Ask your mentor Wendy and share with us lah.....
Why come here to get idea for your blog or maybe mentor????.

[Allthepies]

After 15 April 2014, Singapore property will cheong/rocket like nobody's business. Good Luck.

bro BJ, I have already cheong in, waiting for the rocket to cheong and you bringing us the good news : ) : )

[SQ008]

bro BJ, I have already cheong in, waiting for the rocket to cheong and you bringing us the good news : ) : )

me to. doubt it will happen with all the falling prices.

[Allthepies]

I did a google for 15th April 2014 and the first entry is "The Total Lunar Eclipse". Is that going to make our properties cheong??!!! p

[phantom_opera]

nowadays it is a game of which country is more rotten

[Royston8H]

Both local cooling measures TDSR and ABSD seem creating serious impact to the current property trend. We should see such impact becomes more obvious from this Q1 2014.

Unless government decides to remove such impactful cooling measures, i cant really not thinking a little pessimistic in 2014. How high can the URA property price index Singapore goes?

[teddybear]

Property market most likely may crash in 2014 (unless govt do something)!

Both local cooling measures TDSR and ABSD seem creating serious impact to the current property trend. We should see such impact becomes more obvious from this Q1 2014.

Unless government decides to remove such impactful cooling measures, i cant really not thinking a little pessimistic in 2014. How high can the URA property price index Singapore goes?

[Royston8H]

Hmm...dont think it will crash in 2014...but downward Singapore property market trend is very likely.

I would think the crash may be in 2016 for the fact that the supply of both newly completed public housing units and private condos will be huge in 2015 and market cannot digest in time.

[Patrickstar]

I think developers suffer more from tdsr than absd what you think?

Property market most likely may crash in 2014 (unless govt do something)!

[Royston8H]

Ya, i do fully agree your point. Developers will suffer badly by this TDSR especially those who are launching new projects in 2014-2015. For those developers who are going to complete their projects in 2014-2015, they are very heng because these developments probably already sold during last two year peaks

[teddybear]

Developers no suffer lah, just build smaller and smaller MMs that small people can digest, also still can build retirement homes that can build super mini MMs but young people can also buy..............
Gov is biggest gainer from ABSD, SSD, property tax changes!

I think developers suffer more from tdsr than absd what you think?

[Royston8H]

haha...true also...just like the case of the hillford...

[peterng8]

Both local cooling measures TDSR and ABSD seem creating serious impact to the current property trend. We should see such impact becomes more obvious from this Q1 2014.

Unless government decides to remove such impactful cooling measures, i cant really not thinking a little pessimistic in 2014. How high can the URA property price index Singapore goes?

if that is the scenario looming in the near future, price softened will be a good news for those eyeing to buy 99LH...99LH price drops , those shorter LH like 60 yrs will be a challenge,...unless price also drops not proportionally but exponentially to be attractive...LOL

[Patrickstar]

When developers exhaust the supply of carrotheads, they have to find new ways of creating new carrotheads

Developers no suffer lah, just build smaller and smaller MMs that small people can digest, also still can build retirement homes that can build super mini MMs but young people can also buy..............
Gov is biggest gainer from ABSD, SSD, property tax changes!

[proud owner]

When developers exhaust the supply of carrotheads, they have to find new ways of creating new carrotheads

would you consider those who purchase GCBs in 2012/13 as carrotheads ?

after all in 2007 I almost bought one myself ... at only 800 psf ...

last 2 yrs GCBs were going at 1500 to 2000 psf ... are they carrot heads ?

[EBD]

would you consider those who purchase GCBs in 2012/13 as carrotheads ?

after all in 2007 I almost bought one myself ... at only 800 psf ...

last 2 yrs GCBs were going at 1500 to 2000 psf ... are they carrot heads ?

I can't speak for patrickstar - but I think if you bought back then - really smart move. I rebought down in RV in mid 2009 , so like you have heaps of buffer.

WWIII would need to break out to put you in negative equity.

It's the folks buying now with all the cooling measures in place and so many warnings from govt but yet still paying record highs that could be in real danger of getting stuck.

Kiasu mentality is key driver here. I guess they don't believe Khaw when he tell them to wait a while as he continues to take the pressure out of the system.

Sadly - the developers seem to be able to come up with new ways of skirting around the measures - latest gimmick is retirement village or whatever they call it on 60 year LH - yet young couples are not restricted from buying it for their own stay.

If you bought directly from a developer in 2013 at a severe premium psf to neighbouring projects - I think that would definitely make you a carrothead.
So being in the market at the moment to me doesn't make you a carrothead.
All about when you entered I guess.

[hopeful]

.....

Sadly - the developers seem to be able to come up with new ways of skirting around the measures - latest gimmick is retirement village or whatever they call it on 60 year LH - yet young couples are not restricted from buying it for their own stay.
.....

i would like to point out that it is URA that is providing the ways and means for developers to skirt the measures for minimum size for units, carparks, 60year LH etc.

http://forums.condosingapore.com/sho...8&postcount=55
links given, can crosscheck the facts.

[Royston8H]

Agreed that buying price is the key to make money n not when selling it. Risk reward ratio is not really that attractive.

I can't speak for patrickstar - but I think if you bought back then - really smart move. I rebought down in RV in mid 2009 , so like you have heaps of buffer.

WWIII would need to break out to put you in negative equity.

It's the folks buying now with all the cooling measures in place and so many warnings from govt but yet still paying record highs that could be in real danger of getting stuck.

Kiasu mentality is key driver here. I guess they don't believe Khaw when he tell them to wait a while as he continues to take the pressure out of the system.

Sadly - the developers seem to be able to come up with new ways of skirting around the measures - latest gimmick is retirement village or whatever they call it on 60 year LH - yet young couples are not restricted from buying it for their own stay.

If you bought directly from a developer in 2013 at a severe premium psf to neighbouring projects - I think that would definitely make you a carrothead.
So being in the market at the moment to me doesn't make you a carrothead.
All about when you entered I guess.

[Allthepies]

Every time you buy, either the buyer or seller is the "carrot head"...

if anyone can 100% know the exact time the property will cheong or crash, he is definitely not human =)

[EBD]

Every time you buy, either the buyer or seller is the "carrot head"...

if anyone can 100% know the exact time the property will cheong or crash, he is definitely not human =)

True - but there are always indicators to tell you if you are over paying or getting value.

Some people just don't know how to analyse & prefer the sweet sweet talk of the professional salesman.

[eng81157]

would you consider those who purchase GCBs in 2012/13 as carrotheads ?

after all in 2007 I almost bought one myself ... at only 800 psf ...

last 2 yrs GCBs were going at 1500 to 2000 psf ... are they carrot heads ?

GCBs cannot be mentioned in the same breadth along with condos. I believe you would know this too - they appeal to the ultra rich, who aren't really carrot heads (or are really gigantic carrot heads with ultra deep pockets)

[Patrickstar]

To the rich spending money is a lifestyle. I have witnessed people placing sgd80k in one single bet at casino n when they lose that hand, they just continue playing with no qualms. These are the same rich people that pay whatever for a gcb without batting an eyelid. They don't bother making money from property price movements but from their multimillion dollar businesses. Property bought for own stay to them is meant for enjoyment, not as a means to make money.

would you consider those who purchase GCBs in 2012/13 as carrotheads ?

after all in 2007 I almost bought one myself ... at only 800 psf ...

last 2 yrs GCBs were going at 1500 to 2000 psf ... are they carrot heads ?

[CCR]

To the rich spending money is a lifestyle. I have witnessed people placing sgd80k in one single bet at casino n when they lose that hand, they just continue playing with no qualms. These are the same rich people that pay whatever for a gcb without batting an eyelid. They don't bother making money from property price movements but from their multimillion dollar businesses. Property bought for own stay to them is meant for enjoyment, not as a means to make money.

I really have to agree with you..... When you have a couple of hundred millions in the bank an earning 5% per year in low risk assets, property becomes a hobby and collectors items...

When I visited clermont show flat, the agent told me those who bought it knows it's expensive, but they like it so they buy....

Just like hermes bags..... everyone knows it's expensive and overpriced, but they still buy it so that during dinners and cocktail events they can show it off, just like property, they Wil, announced that they have collected another limited edition blah blah blah property