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Old 12-07-2019, 10:38 PM   #556
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Quote me an example that any of my statement still dwell on the past?
I did not show much negativity about the current price pertaining to new launch and complaining non stop that current price for new launch should revert back to the past.

I accepted it and move on. U see me buying now?
What I am trying to say is that past trends will not be a good representation or basis of estimation of the future. So your concepts about property cycle / trends, economic vs property trends, timing etc may not apply in the future.
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Old 12-07-2019, 10:42 PM   #557
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Enlighten us why resale market is dead in your 'humble opinion'.
I just show you the facts & not my opinion.

Few of us got 'big Insider news'.
Thanks for your facts. Can you please help post the news rgd our economic growth this quarter and also the maybank estimates a couple of weeks ago. I can't find the articles! SOmething is wrong with my internet.

Simple, resale price discount to new launch prices is at an all time high. It is not about the 3 digit volume you posted, do you know how large the resale market is?
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Old 12-07-2019, 10:44 PM   #558
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I cannot pull out the data either.

However you should well know the difference between TOP and MOP, PC and EC. PC you can sell anytime, EC floodgates are only open after 5 years.

Also during terrassee time, market was flat, hardly any room for profitting.

Actually till now, you have not explained why terrassee volume is low and prive is high?? So why?
Punggol is a vibrant place to stay in my opinion.
Have u visited some of the places in Punggol?
1) billion dollar waterway park with greenery, nice waterscape, ample space for Long distance Cycling and jogging. Coney Island.
2) sizeable Waterway Point Mall that has tons of choices for food/restaurant.
3) near bus interchange, mrt.
4) nice cosy Punggol settlement where one can dine and wine, with good local food there like white beehoon, house of crab, Uncle Leong and the list goes on
5) upcoming digital town that offers 28000 job opportunity
6) SIT (A recognise local university, not those Tom dick Harry University)

The above list enough to convince you?
Now your turn to tell me what terrrasse has?
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Old 12-07-2019, 10:45 PM   #559
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Few of us got 'big Insider news'.
Don't worry, no insider news regarding the property market for the year. Lawrence and Mr menon has not buzzed me anything so far.

WHile you are searching high and low for insider news, I am making tens of thousands in the booming stock market the past year. I guess you are too since you have CDL shares, provided you entered at the right time.
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Old 12-07-2019, 10:46 PM   #560
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In my humble opinion :
If it does not even move up 10% or more , it may stay flat.
In the worst scenario, it may go down 5%.

..... if anyone can tell what the market would be for certain, in 5 years time; do let everyone know.
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Old 12-07-2019, 10:49 PM   #561
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Punggol is a vibrant place to stay in my opinion.
Have u visited some of the places in Punggol?
1) billion dollar waterway park with greenery, nice waterscape, ample space for Long distance Cycling and jogging. Coney Island.
2) sizeable Waterway Point Mall that has tons of choices for food/restaurant.
3) near bus interchange, mrt.
4) nice cosy Punggol settlement where one can dine and wine, with good local food there like white beehoon, house of crab, Uncle Leong and the list goes on
5) upcoming digital town that offers 28000 job opportunity
6) SIT (A recognise local university, not those Tom dick Harry University)

The above list enough to convince you?
Now your turn to tell me what terrrasse has?
Ask yourself why sixth avenue or bukit timah properties are selling so high? Similar logic applies. Not really about how much facilities you have.

LOCATION is king. Though I'm never a fan of serangoon north or punggol. But SN is at a better location than punggol.
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Old 12-07-2019, 10:50 PM   #562
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What I am trying to say is that past trends will not be a good representation or basis of estimation of the future. So your concepts about property cycle / trends, economic vs property trends, timing etc may not apply in the future.
Please be explicit about what you mean by “my concept about property cycle.”

Take a look at the past two decades, don’t you agree there’s so many changes and lessons to learn from?
If my concept about property cycle is always fixated, You think I can survive for the past two decades in property investment?
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Old 12-07-2019, 10:54 PM   #563
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Ask yourself why sixth avenue or bukit timah properties are selling so high? Similar logic applies. Not really about how much facilities you have.

LOCATION is king. Though I'm never a fan of serangoon north or punggol. But SN is at a better location than punggol.
As I mentioned earlier on, one’s opinion will not talk up or talk down the market.
I only trust the transaction volume which points us to ground buying sentiments and demands.
You may think SN is better than Punggol but facts remains Punggol is also well received by many buyers. Can you change the fact?
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Last edited by NiShiZhu; 12-07-2019 at 11:00 PM..
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Old 12-07-2019, 10:59 PM   #564
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As I mentioned earlier on, one’s opinion will not talk up or talk down the market.
I only trust the transaction volume which points us to ground buying sentiments and demands.
You think SN is better than Punggol but facts remains Punggol is also well received by many buyers. Can you change the fact?
You are right. I guess i have to treat property like stock market from now on.

I am not talking down on punggol. Fact is property price remains alligned with distance to CBD. Punggol is cheaper than buangkok, which is cheaper than kovan, which is cheaper than woodleigh, which is cheaper than dhoby ghaut. Of course, there are some anomalies such as farrer park/geylang area. Unless serangoon north is an anomaly too, it should not be cheaper than punggol at all. Serangoon north is way nearer to the city centre than punggol. I am using NEL as an example since we are here.
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Old 12-07-2019, 11:01 PM   #565
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You may think SN is better than Punggol but facts remains Punggol is also well received by many buyers. Can you change the fact?
Actually punggol is well received because it is still one of the cheapest places. Not after sumang is launched.
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Old 13-07-2019, 01:03 AM   #566
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Punggol is a vibrant place to stay in my opinion.
Have u visited some of the places in Punggol?
1) billion dollar waterway park with greenery, nice waterscape, ample space for Long distance Cycling and jogging. Coney Island.
2) sizeable Waterway Point Mall that has tons of choices for food/restaurant.
3) near bus interchange, mrt.
4) nice cosy Punggol settlement where one can dine and wine, with good local food there like white beehoon, house of crab, Uncle Leong and the list goes on
5) upcoming digital town that offers 28000 job opportunity
6) SIT (A recognise local university, not those Tom dick Harry University)

The above list enough to convince you?
Now your turn to tell me what terrrasse has?
Well, that reminded me of Bishan decades ago.

People all around was talking about how negative a cemetery is and staying in Bishan is impossible (& crazy).

I guess history speaks for itself now that we all know how expensive Bishan is (currently).
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Old 13-07-2019, 02:24 AM   #567
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+ Pasir Gudang issue.
Bishan quite central.
Punggol atas and Bishan 3x atas.
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Old 13-07-2019, 02:27 AM   #568
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Don't worry, no insider news regarding the property market for the year. Lawrence and Mr menon has not buzzed me anything so far.

WHile you are searching high and low for insider news, I am making tens of thousands in the booming stock market the past year. I guess you are too since you have CDL shares, provided you entered at the right time.
u this idiot.

Tell u how many times already.

No ome cares what shares u owned.

U can be the richest person in singapore.

But u are still going to get scolded by me.

Listen up idiot.
This is a thread of property.
Not ur personal show to haolian ur personal wealth.

Limbei tell u how many times already. Behave urself and stay humble. Ur mother never teach u to listen issit.

Knn.
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Old 13-07-2019, 08:22 AM   #569
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I think you are not very clear. Punggol is not one of the cheapest. General impression tells you so but in fact it is not.

Actually punggol is well received because it is still one of the cheapest places. Not after sumang is launched.
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Old 13-07-2019, 09:16 AM   #570
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+ Pasir Gudang issue.
Bishan quite central.
Punggol atas and Bishan 3x atas.

https://www.99.co/blog/singapore/hdb...-pasir-gudang/

According to the World Health Organization (WHO), “benzene is carcinogenic to humans, and no safe level of exposure can be recommended”.

https://www.straitstimes.com/asia/se...sungai-kim-kim

KUALA LUMPUR - A 12-year-old Malaysian boy has developed myokymia, a type of ailment that causes parts of the body to tremble, after being exposed to pollution in the Sungai Kim Kim in Pasir Gudang.

Irfan Wafiy Idham Wazir - the fourth of five siblings and a student of Sekolah Kebangsaan (SK) Taman Bukit Dahlia in Pasir Gudang - developed the Parkinson's-like condition after experiencing breathing difficulties in March.

It is believed that he had sniffed poisonous gases at school, following which he was admitted to the Sultan Ismail Hospital, Bernama reported.

https://www.todayonline.com/world/ch...r-warn-experts

https://www.freemalaysiatoday.com/ca...says-lecturer/

PASIR GUDANG (Malaysia) — Some chemicals in the waste dumped into Sungai Kim Kim in Pasir Gudang are carcinogenic, while others can cause respiratory problems and skin irritation, said experts.

The country’s energy, science, technology, environment and climate change minister Yeo Bee Yin identified the chemical compounds as methane, hydrogen chloride, acrylonitrile, acrolein, benzene, toluene, xylene and limonene.

A professor specialising in chemical engineering said that except for methane, the other compounds are toxic.

Last edited by Hyruga; 13-07-2019 at 09:42 AM..
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