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Old 22-07-2019, 03:46 PM   #901
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Nice the area? I heard strange comments
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Old 22-07-2019, 03:46 PM   #902
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You probably have not stayed in condo.
After the initial euphoria, most of the time you have to point a gun to force most residents to swim.

BbQ may be a bit more difficult at certain days mostly.

Imagine if you want to have a swim or play with kids but realise that pool always full. Abit sian one also. If dont use their facilities then wasted. Some bbq still need to pay money + deposit. TMD.
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Old 22-07-2019, 03:49 PM   #903
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You probably have not stayed in condo.
After the initial euphoria, most of the time you have to point a gun to force most residents to swim.

BbQ may be a bit more difficult at certain days mostly.
dont assume that i have not which i did for years. Thankfully that condo is manageable.

......................
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Old 22-07-2019, 03:52 PM   #904
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You probably have not stayed in condo.
After the initial euphoria, most of the time you have to point a gun to force most residents to swim.

BbQ may be a bit more difficult at certain days mostly.
haha point a gun to force residents to swim
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Old 22-07-2019, 03:56 PM   #905
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Your condo residents must have maximised the facilities just because they pay for them.

The only popular facility is gym but alas, mostly those few only.

dont assume that i have not which i did for years. Thankfully that condo is manageable.

......................
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Old 22-07-2019, 03:56 PM   #906
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Actually everything is transparent and can be found online. Don’t have to be an agent to get data.
Download URA property market info and all the data is in there.

Here’s the data for Rivecove. Average is indeed in the 900psf range.

Last year when rivercove just launch i see the price only 8xx + psf. Cant find the records of the details like you. You property agent ah?

Last edited by 1993newbie; 22-07-2019 at 04:02 PM..
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Old 22-07-2019, 03:58 PM   #907
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Based on data, lowest PSF for rivercove is $900.

Maybe u saw price starts from $8xxk


Last year when rivercove just launch i see the price only 8xx + psf. Cant find the records of the details like you. You property agent ah?
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Old 22-07-2019, 04:13 PM   #908
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Last year when rivercove just launch i see the price only 8xx + psf. Cant find the records of the details like you. You property agent ah?
Dun have $800+ psf leh.. i purposely get the first phase launching price.. cant see any 800+psf.. all is 9xxpsf and up.. yes, i am a property agent.. the data can be found online too, just tat oni agents with subscriptions can have the units numbers ..
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Old 22-07-2019, 04:16 PM   #909
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99.co Super transparent too. Unit number all showcase.

Nope, I didn’t pay for any fees.

99.co has helped me and my friends a lot in finding resale and bargaining since we can know how much the owner bought the unit for.


Last edited by 1993newbie; 22-07-2019 at 04:21 PM..
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Old 22-07-2019, 05:38 PM   #910
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More bad news about the economy today, retrenchments will continue increasing and job vacancies will continue declining. PMETs accounted for 70% of the retrenched citizens and PRs.


Read more at https://www.channelnewsasia.com/news...arket-11740674

What Singapore’s slowing GDP growth means for the jobs market

22 July 2019

SINGAPORE: As Singapore’s outlook darkens with growth cooling to levels last seen a decade ago, there could be more retrenchments and fewer job vacancies ahead, said economists.

The job losses will likely come from outward-oriented sectors, which have been hit by a protracted trade spat between the United States and China.

Already for the first quarter, data from the Ministry of Manpower (MOM) showed an increase in retrenchments – from 2,510 in the previous quarter to 3,230 – on the back of a near three-fold jump in job losses in the manufacturing sector.

The economy grew 1.1 per cent year-on-year during the first quarter but amid falling factory activity and exports, growth in the second quarter slowed sharply to a decade-low 0.1 per cent on a year-on-year basis based on recent flash estimates.

DBS senior economist Irvin Seah said it is “pretty clear that the outlook for the labour market isn’t going to be great” given the “drastic” growth slowdown. “You can only expect retrenchments to pick up and job vacancies to decline in the coming quarters.”

Manufacturing will continue to shed jobs in the coming quarters, with the unpredictable trade spat coinciding with a fading global electronics cycle, experts said.

“The downturn in the electronics cluster has resulted in cutbacks in electronics sector jobs, which is expected to continue during the second half of 2019,” said Mr Rajiv Biswas, chief economist for Asia Pacific at data firm IHS Markit.

The manufacturing sector, which accounts for one-fifth of the economy, is also seeing old jobs being made obsolete by automation, added Mr Seah.

Beyond manufacturing, economists are also keeping a cautious eye on the outward-oriented services sectors.

While electronics accounted for 18 per cent of the retrenchments in the first quarter, services industries such as wholesale trade and transportation and storage followed close behind with 16 and 10 per cent, respectively, MOM’s labour report showed.

While domestic services segments can offer support, they make up relatively smaller shares of growth and “may not be enough to offset the receding tide”, said Mr Seah, referring to the sector’s 1.5 per cent quarter-on-quarter dip in the second quarter on a seasonally adjusted basis.

Further weakness in services is “the bigger worry”, added the economist, given how the sector accounts for about two-thirds of the economy and employment, although the tightening of foreign manpower quotas from January 2020 may mitigate the fallout on this front.

Meanwhile, “undercurrents” like the recent job cuts at German banking giant Deutsche Bank will add to the retrenchment figure in the third quarter, said CIMB private banking economist Song Seng Wun.
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Old 22-07-2019, 07:49 PM   #911
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More bad news about the economy today, retrenchments will continue increasing and job vacancies will continue declining. PMETs accounted for 70% of the retrenched citizens and PRs.


Read more at https://www.channelnewsasia.com/news...arket-11740674

What Singapore’s slowing GDP growth means for the jobs market

22 July 2019

SINGAPORE: As Singapore’s outlook darkens with growth cooling to levels last seen a decade ago, there could be more retrenchments and fewer job vacancies ahead, said economists.

The job losses will likely come from outward-oriented sectors, which have been hit by a protracted trade spat between the United States and China.

Already for the first quarter, data from the Ministry of Manpower (MOM) showed an increase in retrenchments – from 2,510 in the previous quarter to 3,230 – on the back of a near three-fold jump in job losses in the manufacturing sector.

The economy grew 1.1 per cent year-on-year during the first quarter but amid falling factory activity and exports, growth in the second quarter slowed sharply to a decade-low 0.1 per cent on a year-on-year basis based on recent flash estimates.

DBS senior economist Irvin Seah said it is “pretty clear that the outlook for the labour market isn’t going to be great” given the “drastic” growth slowdown. “You can only expect retrenchments to pick up and job vacancies to decline in the coming quarters.”

Manufacturing will continue to shed jobs in the coming quarters, with the unpredictable trade spat coinciding with a fading global electronics cycle, experts said.

“The downturn in the electronics cluster has resulted in cutbacks in electronics sector jobs, which is expected to continue during the second half of 2019,” said Mr Rajiv Biswas, chief economist for Asia Pacific at data firm IHS Markit.

The manufacturing sector, which accounts for one-fifth of the economy, is also seeing old jobs being made obsolete by automation, added Mr Seah.

Beyond manufacturing, economists are also keeping a cautious eye on the outward-oriented services sectors.

While electronics accounted for 18 per cent of the retrenchments in the first quarter, services industries such as wholesale trade and transportation and storage followed close behind with 16 and 10 per cent, respectively, MOM’s labour report showed.

While domestic services segments can offer support, they make up relatively smaller shares of growth and “may not be enough to offset the receding tide”, said Mr Seah, referring to the sector’s 1.5 per cent quarter-on-quarter dip in the second quarter on a seasonally adjusted basis.

Further weakness in services is “the bigger worry”, added the economist, given how the sector accounts for about two-thirds of the economy and employment, although the tightening of foreign manpower quotas from January 2020 may mitigate the fallout on this front.

Meanwhile, “undercurrents” like the recent job cuts at German banking giant Deutsche Bank will add to the retrenchment figure in the third quarter, said CIMB private banking economist Song Seng Wun.
That's why you have to think very carefully lo. If both not working, very jialat. Bank dont pity anyone de. Cannot pay, take your house n fire sale liao. My company also got retrenchment n got news that there will be a 2nd round.

Deutsche Bank most jialat liao. Current property market like that thanks to AMDK n chinese. If bo lang buy then really gg.
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Old 22-07-2019, 07:59 PM   #912
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Dun have $800+ psf leh.. i purposely get the first phase launching price.. cant see any 800+psf.. all is 9xxpsf and up.. yes, i am a property agent.. the data can be found online too, just tat oni agents with subscriptions can have the units numbers ..
Aiyo. Dont bother to explain la. Have or not, also wont change anything. This location also got ppl buy which means the punggol one is bao jiak.

One lane in & out. Morning jam evening also jam.
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Old 22-07-2019, 08:27 PM   #913
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Aiyo. Dont bother to explain la. Have or not, also wont change anything. This location also got ppl buy which means the punggol one is bao jiak.

One lane in & out. Morning jam evening also jam.
Punggol Way i tink is 2 lanes in / 2 lanes out if im not wrong , but oso will jam wan .. Punggol Road 3 lanes oso jam lioa..
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Old 22-07-2019, 08:41 PM   #914
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Punggol Way i tink is 2 lanes in / 2 lanes out if im not wrong , but oso will jam wan .. Punggol Road 3 lanes oso jam lioa..
I mean rc. kingsford at hougang also one lane + there's 3 condo and a school.
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Old 22-07-2019, 11:47 PM   #915
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Seems that there are plenty of views in this thread which is a good thing.

Anyway, there was an interesting thread in reddit some time back but I managed to dig it up.

Not sure where the stats came from but this is from one of the post.

Poorest areas in Singapore

Metric being % of residents with gross monthly income of under $2000



Thread is here

https://www.reddit.com/r/singapore/c..._in_singapore/
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