I pity Singaporeans

• angel7030

  2 Jul 09, 10:53

  Originally posted by noahnoah:

   

  hor hor dun think everyone is suffering in recession now

  .....

  Many richs one are cashing out their extra money

  to pump into investments now~~

  While one is eating cai png

  the other one is thinking which property to invest

  
  i dun mind eating you tiao, rich got their own problem, for us normal ones, just be simple and life goes on.

• angel7030

  2 Jul 09, 10:54

  Originally posted by Spartans:

  You sound like a prudent investor. Any tip on property investment?

  
  what u expect from a property manager??

• eagle

  2 Jul 09, 10:55

  Originally posted by noahnoah:

   

  hor hor dun think everyone is suffering in recession now

  .....

  Many richs one are cashing out their extra money

  to pump into investments now~~

  While one is eating cai png

  the other one is thinking which property to invest

  So true...

• noahnoah

  2 Jul 09, 10:58

   

  One must got the resources to hold

  lor when investing in properties

  Hot areas now are district 10:

  District 9 are picking up too~~

  Mass market will drive high end properties prices too

  Normally studio and two bedroom always sell out fast

   

• sgdiehard

  2 Jul 09, 11:01

  Originally posted by eagle:

  How many Singaporeans over the total number of Singapore citizens?

  If like to use extremes, then can also say got a certain billionaire foreigner investor come to Singapore. Pity who?

  Private properties prices are what the government use for setting prices of HDB flats, when private properties goes up in prices, HDB resale prices follow within the next 6 months.

  It is no use how poor you think you are, it is how big the income gap between the rich and the poor that is causing the unhappiness, especially in a small country like Singapore.

  Knowing the extremes makes one realizes where you are.

  FYI, foreigner cannot buy landed properties, PR needs approval.

• sgdiehard

  2 Jul 09, 11:04

  Originally posted by Spartans:

  You sound like a prudent investor. Any tip on property investment?

  
  watch out for the bubble.

• angel7030

  2 Jul 09, 11:05

  Originally posted by noahnoah:

   

  One must got the resources to hold

  lor when investing in properties

  Hot areas now are district 10:

  District 9 are picking up too~~

  Mass market will drive high end properties prices too

  Normally studio and two bedroom always sell out fast

   

  
  how come my agent told me private properties are down and resale govt HDB is up...he said most of the private owners are selling and move to HDB thereby driven the demand in HDB

• noahnoah

  2 Jul 09, 11:05

  Originally posted by sgdiehard:

  Private properties prices are what the government use for setting prices of HDB flats, when private properties goes up in prices, HDB resale prices follow within the next 6 months.

  It is no use how poor you think you are, it is how big the income gap between the rich and the poor that is causing the unhappiness, especially in a small country like Singapore.

  Knowing the extremes makes one realizes where you are.

  FYI, foreigner cannot buy landed properties, PR needs approval.

  foreigner can buy ..only at sentosa cove land parcel

  by the way

  FT are very rich

  The Sail penthouse worth 15 mio

  was brought by one indian guy

  from indian

  So next time when u eat prata

  dun think it is cheapo ok

   

• GHoST_18

  2 Jul 09, 11:07

  i hope the bubble burst soon

  

  really...

   

• sgdiehard

  2 Jul 09, 11:10

  Originally posted by angel7030:

  
  how come my agent told me private properties are down and resale govt HDB is up...he said most of the private owners are selling and move to HDB thereby driven the demand in HDB

  tip on property investment: never trust everything the agents says. buy low sell high, the prices he quoted are always the best price; if you are buying through him, the prices he quotes are always the lowest, if you sell you house through him, the prices he tells you to let go are always the highest.

• s0nic

  2 Jul 09, 11:11

  Originally posted by noahnoah:

  foreigner can buy ..only at sentosa cove land parcel

  by the way

  FT are very rich

  The Sail penthouse worth 15 mio

  was brought by one indian guy

  from indian

  So next time when u eat prata

  dun think it is cheapo ok

   

  
  just wanna ask, how much is the studio apartment at The Sail worth now? any idea?

• noahnoah

  2 Jul 09, 11:14

  Originally posted by s0nic:

  
  just wanna ask, how much is the studio apartment at The Sail worth now? any idea?

  
  9xx to 1 mio plus

   

• sgdiehard

  2 Jul 09, 11:15

  Originally posted by noahnoah:

  foreigner can buy ..only at sentosa cove land parcel

  by the way

  FT are very rich

  The Sail penthouse worth 15 mio

  was brought by one indian guy

  from indian

  So next time when u eat prata

  dun think it is cheapo ok

   

  yah, only sentosa, not singapore.

  visit the expensive show flats you will find mostly indian, prc chinese, middle easterners, not many angmoh, not many are even FT here, ...

  better tell singaporean, sell prata can buy 15 million condo.,.

• s0nic

  2 Jul 09, 11:18

  Originally posted by noahnoah:

  
  9xx to 1 mio plus

   

  
  ok cos i have a friend who lives there in a studio apartment.

• sgdiehard

  2 Jul 09, 11:18

  Originally posted by GHoST_18:

  i hope the bubble burst soon

  

  really...

   

  
  I hope so too, before it gets too big...., I don't care if the rich gets their figures burnt, but when the economy goes up because of bubble, petrol price go up, rental go up so retail prices go up, ...when the bubble burst, nothing come down.

• noahnoah

  2 Jul 09, 11:20

   

  actually bubble burst or not burst

  prices dun drop that much

  ask urself how much a 3 room hdb cost

  twenty years ago

   

• Spartans

  2 Jul 09, 11:22

  Originally posted by noahnoah:

   

  One must got the resources to hold

  lor when investing in properties

  Hot areas now are district 10:

  District 9 are picking up too~~

  Mass market will drive high end properties prices too

  Normally studio and two bedroom always sell out fast

   

  Thanks for sharing.

• GHoST_18

  2 Jul 09, 11:25

  nothing comes down in singapore except ur pay...

  

• Short Ninja

  2 Jul 09, 11:31

  I noticed something in SIngapore.Food prices everywhere remains the same but you need to order 2 plates to get the same amount you need to eat.

• sgdiehard

  2 Jul 09, 11:33

  Originally posted by noahnoah:

   

  actually bubble burst or not burst

  prices dun drop that much

  ask urself how much a 3 room hdb cost

  twenty years ago

   

  for investment you don't hold an hdb for 20 years, and if you sell you can only buy an hdb 3 room!  

  looking over 20 years, you can only say that the value of money drops! I pity those who just come out to buy 3 room hdb.

• GHoST_18

  2 Jul 09, 11:35

  "upgrade" in singapore context is...

  selling ur 3-rm hdb and buying a smaller 3-rm condo...

  

• noahnoah

  2 Jul 09, 11:37

  Originally posted by sgdiehard:

  for investment you don't hold an hdb for 20 years, and if you sell you can only buy an hdb 3 room!  

  looking over 20 years, you can only say that the value of money drops! I pity those who just come out to buy 3 room hdb.

  
  bo bian wat

  singles , so buy 3 bedroom lor

  Govt ask u all get marry, so many dun want

  this one exp that one exp

  See now:

  So many singles now in sg

  So many outings in fourm

  so buying 3 bedrooms is one of the choices

   

• angel7030

  2 Jul 09, 11:41

  Originally posted by noahnoah:

  
  bo bian wat

  singles , so buy 3 bedroom lor

  So many singles now in sg

  so buying 3 bedrooms is one of the choices

   

  
  build tent at ECP lor, sleep in luxury bus stop lor,...kill all these property agents and see how they react..

• sgdiehard

  2 Jul 09, 11:44

  Originally posted by noahnoah:

  
  bo bian wat

  singles , so buy 3 bedroom lor

  Govt ask u all get marry, so many dun want

  this one exp that one exp

  See now:

  So many singles now in sg

  So many outings in fourm

  so buying 3 bedrooms is one of the choices

   

  is 3 room flat a good investment? if not stay with parents, or buy studio apartment if you are single.

• angel7030

  2 Jul 09, 11:49

  Originally posted by sgdiehard:

  is 3 room flat a good investment? if not stay with parents, or buy studio apartment if you are single.

  
  wha, u singaporean or not??? why buy those 3 room flat leh??? these are for PR and bangalas or PRC..hand off.

   

  you should at least get a condo liao