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Thread: Is the market losing steam?

  1. #41
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    Quote Originally Posted by ccreporter View Post
    Thanks. Anybody has enbloc Vs prop price index chart?

    Now analysts are saying prop price is going up with support of enbloc sellers.
    Why did prop price crash in 2007 even many owners just managed to sell in enbloc?
    Aren't they supposed to buy new houses after selling old ones?
    Take out your shoe and wear the shoe of an en bloc, what will you do.

    1. Keep all the money in the Bank knowing it will depreciate faster than you can imagine.
    2. Buy a few property and wait for the right time to sell and take profit again.
    3. Spend all because not much time left on earth.

  2. #42

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    Quote Originally Posted by Arcachon View Post
    Take out your shoe and wear the shoe of an en bloc, what will you do.

    1. Keep all the money in the Bank knowing it will depreciate faster than you can imagine.
    2. Buy a few property and wait for the right time to sell and take profit again.
    3. Spend all because not much time left on earth.
    lol. if I am one of the lucky seller, most likely i will do a combination of all 3.

  3. #43
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    http://singaporeenbloc.blogspot.com/...am-saying.html

    Despite statistical exclusion of en bloc prices in computing the Property Price Index (“PPI”), it took a backbencher MP to make an insightful comment in Parliament about the speculative factor in en blocs. CNA (3 Mar 2010): MP Liang Eng Hwa (Holland—Bukit Timah GRC) hoped the Government would pre-empt another emergence of en bloc fever, which he said could distort the property market and cause short-term volatility. To date, I reckon URA is still behind the curve in merely focussing on sub-sale activity as a proxy for speculation and disregarding the resale activity in segmented target areas DESPITE the already entrenched speculative market criterion of “en bloc potential”.

  4. #44
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  5. #45
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    The “for Singaporeans” bit totally escaped the conscience and consciousness of Minister Mah! Let's not forget that Mr Mah is obviously very much a "thinker" as he even urged us to do "Three Thinks" before committing to buy real estate (viz, "Think carefully; Think long-term; Think about the unexpected" – Straits Times, 2 Sep 2009). Such deep and thoughtful advice coming from a "thinker" minister to go to Woodlands if you can't afford Tampines after en bloc carry dead serious weight! Or is it dead weight?

    – Up and away for corporate developer-buyers post-en bloc ... Three years after 2006-07 en bloc frenzy, with progressive recognition of project revenue from developmental projects, we are starting to get headline news in Feb-Mar 2010 about developers’ profits at historic best:


    - CDL’s 2009 net profit second-highest ever
    - UOL net profit triples to $424.2 mil
    - SC Global net profit increases 28%
    - Koh Brothers’ revenue rose 55% … led by its real estate … divisions
    - Heeton net profit up 144% to $17.2 mil
    - Roxy-Pacific’s 4Q2009 net profit doubles to $5.9 mil

    The Boat is going faster, faster, one need to keep thinking in order to stay away.

    http://singaporeenbloc.blogspot.com/...they-said.html

  6. #46
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    One would be committing political suicide by asking buyers to buy private because prices are running away.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  7. #47
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    Quote Originally Posted by Kelonguni View Post
    One would be committing political suicide by asking buyers to buy private because prices are running away.
    For those who read between the lines they know what to do, for those who can only read from left to right will never know what to do after reading over and over again.


    More luxury condos to cross S$4,000 psf mark

    https://www.businesstimes.com.sg/rea...s4000-psf-mark

  8. #48

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    Property in land scarce Singapore will keep going up over time. It is as inevitable as the sun rising every day.

  9. #49

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    This statement was there on all media till 2014. It could be true, but disappeared for a while.
    It might indicate bull market is back?..

  10. #50
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    https://stackedhomes.com/blog/148-li...for-en-bloc-2/

    En Bloc Fever: 148 little-known freehold property that you need to know about (Part 1)

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