HWZ Forums

Login Register FAQ Mark Forums Read

New EC at Sumang Walk

Like Tree730Likes
Reply
 
LinkBack Thread Tools
Old 29-07-2019, 08:35 AM   #1606
Senior Member
 
Braun8's Avatar
 
Join Date: Mar 2012
Posts: 830
Developer make it sound so nice lol
The article reads more like a paid CDL advertisement, can spin bad EC sales to make it sound so good lol

I think the propagandists in North Korea will be proud of such an article lol
annetyu likes this.
Braun8 is offline   Reply With Quote
Old 29-07-2019, 08:39 AM   #1607
Senior Member
 
Join Date: Nov 2007
Posts: 1,020
The article reads more like a paid CDL advertisement, can spin bad EC sales to make it sound so good lol

I think the propagandists in North Korea will be proud of such an article lol
SPH also has its own agenda in Woodleigh Residences 😂
momoeagle is offline   Reply With Quote
Old 29-07-2019, 08:40 AM   #1608
Banned
 
Join Date: May 2018
Posts: 1,650
Multiple coolings since 2009
QC since 2011

Look at the latest 2018 or longer period of Singapore property cycle.
If you look at the much longer period, I feel that property will peak at 2030 and start its decline as global population and economic growth stall.
annetyu is offline   Reply With Quote
Old 29-07-2019, 08:43 AM   #1609
Banned
 
Join Date: May 2018
Posts: 1,650
You meant you do not know bto are underpriced ? If I can buy 5 bro from HDB, I will gladly buy it.

And is it important to know what property I own ? Take it as I am a unlucky person who want to buy brownstone EC back then but unable to do so due to mop issue. End up brownstone was sold out. I believe brownstone EC launch was selling about the same as this Samsung EC. To make things worse, it face competition from 2 other ECs in sembawang. But it still get sold out before the project top and also before my hdb mop. So I am quite sure Samsung ec will sold out even faster as no other EC for competition
You don't look like you will benefit greatly from a rise in prices, so why try so hard to talk up prices?

You may be looking to buy a 2nd property for investment one day and be disgusted by the pathetic rental yields.
annetyu is offline   Reply With Quote
Old 29-07-2019, 08:47 AM   #1610
Senior Member
 
Braun8's Avatar
 
Join Date: Mar 2012
Posts: 830
Agreed that those two ec launches were worse. I was referring to the more around the area of Hougang Sengkang Punggol.

Developers only have max 2 years after TOP to sell else face tough penalties. But Sg has not reached it yet as the cooling measure is new. Give more commission to agents also useless if priced too high and no one wants. Of course if buyers still got massive cash pile then still can keep buying it up.

Add that to more launches over next 2 years. Developers aren't even interested on doing much en bloc again after 2017 as they know there are too many new launches coming up. The demand has to come from somewhere.

Every type of investment has cycles. Prices climb a wall of worry.

Not many can average down on property. That's why it is always a "long term investment" if they get stuck. The last time it happened is in the 1990s.

Of course, the cliche by bulls will always be "this time is different". It could be. I'm just a nobody, what do I know right?

When prices of mass market condos have reached the max end of affordability, it probably indicates that prices have reached their peak. Another sign that prices have peaked is the slowdown in the resale market.

The current high prices are largely fuelled by low interest rates, so this could be a bubble. But interest rates are expected to remain low next year.
Braun8 is offline   Reply With Quote
Old 29-07-2019, 08:50 AM   #1611
Banned
 
Join Date: May 2018
Posts: 1,650
When prices of mass market condos have reached the max end of affordability, it probably indicates that prices have reached their peak. Another sign that prices have peaked is the slowdown in the resale market.

The current high prices are largely fuelled by low interest rates, so this could be a bubble. But interest rates are expected to remain low next year.
Those who jumped in so early will also be missing out on potentially lower interest rates later this year in OCT when MAS holds its meeting.
annetyu is offline   Reply With Quote
Old 29-07-2019, 08:58 AM   #1612
Senior Member
 
Join Date: Nov 2007
Posts: 1,020
Those who jumped in so early will also be missing out on potentially lower interest rates later this year in OCT when MAS holds its meeting.
If that happens my REITs investments will huat big time
momoeagle is offline   Reply With Quote
Old 29-07-2019, 09:02 AM   #1613
Senior Member
 
Join Date: Nov 2007
Posts: 1,020
When prices of mass market condos have reached the max end of affordability, it probably indicates that prices have reached their peak. Another sign that prices have peaked is the slowdown in the resale market.

The current high prices are largely fuelled by low interest rates, so this could be a bubble. But interest rates are expected to remain low next year.
Seems like still pointing to a grand finale in 2021 to coincide
with many new launches. I any how say one.
momoeagle is offline   Reply With Quote
Old 29-07-2019, 09:03 AM   #1614
Banned
 
Join Date: May 2018
Posts: 1,650
If that happens my REITs investments will huat big time
Not only reits, all our other stocks will also move up.

Wait for the FED interest rate decision on Wednesday. HUAT ah!
annetyu is offline   Reply With Quote
Old 29-07-2019, 09:39 AM   #1615
Senior Member
 
Join Date: Dec 2018
Posts: 2,269
You must have missed all the sampan, yachts, fishing boats & cruises.
The govt has been 'cooling' for 10 years & will adjust accordingly.

Singapore private home prices climb 1.5% in Q2 to highest in at least 5 years
Read more at https://www.channelnewsasia.com/news...index-11755208

When prices of mass market condos have reached the max end of affordability, it probably indicates that prices have reached their peak. Another sign that prices have peaked is the slowdown in the resale market.

The current high prices are largely fuelled by low interest rates, so this could be a bubble. But interest rates are expected to remain low next year.
Merg91 is offline   Reply With Quote
Old 29-07-2019, 09:41 AM   #1616
Senior Member
 
Join Date: Jun 2019
Posts: 595
Today closed
Those 2nd tim
We r open everyday! 10-7pm.. but 2nd timers quota is ady full..
Those who wants latest updates on the available units and pricing can PM me..
sgpropertyblog is offline   Reply With Quote
Old 29-07-2019, 09:50 AM   #1617
High Supremacy Member
 
K|muRa^84's Avatar
 
Join Date: Dec 2007
Posts: 35,973
Looks like I am not the only one with the same thoughts about mergui..

I have tolerated with his crap since last year. Sometimes I could not take it and told him off. Unfortunately certain individuals saw me as a "bully".

For your info, he is someone who bought Propnex IPO and Mergui Road Condo. Both of which are all losing money. Perhaps we should just bear with and pity him. Allow him to loosen up here.
why did Mergui create a new account!?
K|muRa^84 is offline   Reply With Quote
Old 29-07-2019, 09:55 AM   #1618
Senior Member
 
Join Date: Nov 2007
Posts: 1,020
You must have missed all the sampan, yachts, fishing boats & cruises.
The govt has been 'cooling' for 10 years & will adjust accordingly.

Singapore private home prices climb 1.5% in Q2 to highest in at least 5 years
Read more at https://www.channelnewsasia.com/news...index-11755208
"Downward pressure is likely to come only in the mid to long term with the impact of the weaker macroeconomic environment setting in, and when developers are compelled to reduce prices as their sell-by deadlines approach,"

Thanks for the article! It confirms what we are saying.
annetyu likes this.
momoeagle is offline   Reply With Quote
Old 29-07-2019, 09:59 AM   #1619
Banned
 
Join Date: May 2018
Posts: 1,650
why did Mergui create a new account!?
You can try asking him. But he is acting like a robot now so unlikely to get any response.

Can see he is very very desperate to achieve his objectives.
K|muRa^84 likes this.
annetyu is offline   Reply With Quote
Old 29-07-2019, 10:08 AM   #1620
Senior Member
 
Braun8's Avatar
 
Join Date: Mar 2012
Posts: 830
You must have missed all the sampan, yachts, fishing boats & cruises.
The govt has been 'cooling' for 10 years & will adjust accordingly.

Singapore private home prices climb 1.5% in Q2 to highest in at least 5 years
Read more at https://www.channelnewsasia.com/news...index-11755208
How can I miss anything when I bought a property during the big recession?

My flat was still under MOP during the recession so I bought a FH commercial property. I've been collecting rent on that property for many years now and the property value has doubled. And I've fully paid the property loan two years ago.

It's better to have two properties than just upgrading your home, where you can't rent to generate income and paper profits that can't be realized unless you sell your home.
annetyu likes this.
Braun8 is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On