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Old 25-04-2020, 05:59 PM   #1201
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FS master analysis of OLA i just copy paste to share,not watching myself
Telling families to determine the sex of your next offspring to control a boy or girl to fit the predictions if you want to live in OLA.
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Old 25-04-2020, 06:01 PM   #1202
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No pent up demand lah. Is no demand lah.

1. foreigner running away.
2. local retrenchment on the rise.
3. high pay job gone.
4. low pay job a lot.
Strange. Mr.Z from one of the TOP three agency just presented on zoom yesterday now is the best time to buy...because it is the start of bull run for property prices...

Anyone buys this?
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Old 25-04-2020, 06:15 PM   #1203
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Strange. Mr.Z from one of the TOP three agency just presented on zoom yesterday now is the best time to buy...because it is the start of bull run for property prices...

Anyone buys this?
Have not enter bear how to go bull?

Did ola price drop for the past few weeks? No right? Then?
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Old 25-04-2020, 06:16 PM   #1204
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We should invite TOP 3 agents in this forum to be franks with us.
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Old 25-04-2020, 06:44 PM   #1205
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Strange. Mr.Z from one of the TOP three agency just presented on zoom yesterday now is the best time to buy...because it is the start of bull run for property prices...

Anyone buys this?
All these “experts” and their BS. Can’t believe even CNA choose to interview them for analysis of the property market. No wonder we have many gong gong go buy OLA. Or is it paid advertisement..
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Old 25-04-2020, 07:45 PM   #1206
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Telling families to determine the sex of your next offspring to control a boy or girl to fit the predictions if you want to live in OLA.
he said 1st girl of family not good leh
means buy OLA live inside must give birth to all boys lar
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Old 26-04-2020, 01:01 AM   #1207
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he said 1st girl of family not good leh
means buy OLA live inside must give birth to all boys lar
And must be first son only. 2nd daughter also good.
2nd son 3rd son and mummies will be challenging according to him.
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Old 26-04-2020, 01:05 AM   #1208
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No pent up demand lah. Is no demand lah.

1. foreigner running away.
2. local retrenchment on the rise.
3. high pay job gone.
4. low pay job a lot.
Singaporeans many have a lot spare cash lying in cpf or bank account.

My sis and her husband have combined 600k in cpf and cash waiting for 2nd property liao. Just normal highly paid civil servants with iron rice bowl.

And... they are definitely not the only ones...
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Old 26-04-2020, 01:07 AM   #1209
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Strange. Mr.Z from one of the TOP three agency just presented on zoom yesterday now is the best time to buy...because it is the start of bull run for property prices...

Anyone buys this?
It is always the best time to buy.
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Old 26-04-2020, 02:49 AM   #1210
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Strange. Mr.Z from one of the TOP three agency just presented on zoom yesterday now is the best time to buy...because it is the start of bull run for property prices...

Anyone buys this?
Nope.

Smells of bs to me
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Old 26-04-2020, 02:57 AM   #1211
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Singaporeans many have a lot spare cash lying in cpf or bank account.

My sis and her husband have combined 600k in cpf and cash waiting for 2nd property liao. Just normal highly paid civil servants with iron rice bowl.

And... they are definitely not the only ones...
If you are saying total 600k for a couple even for 2nd property, it is not alot also. Unless government do away with the absd and property price drop to 900psf like high park residence last time, then possible to buy a 1000sf unit without big commitment
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Old 26-04-2020, 03:24 AM   #1212
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If you are saying total 600k for a couple even for 2nd property, it is not alot also. Unless government do away with the absd and property price drop to 900psf like high park residence last time, then possible to buy a 1000sf unit without big commitment
Agreed. Many people are scxxd by the absd and tdsr.

Taking worst case scenario, 3rd property, absd 15%, tdsr 35%, meaning they need 80 to 85% as the bank loans you less and you need to pay many duties admin legal etc.. therefore cash plus cpf of 600k can only afford property about 750 k... what can you buy these days with 750k?

If second property, slightly better, can afford about 850 k to 1 mil property, I estimate.
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Old 26-04-2020, 09:45 AM   #1213
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Singaporeans many have a lot spare cash lying in cpf or bank account.

My sis and her husband have combined 600k in cpf and cash waiting for 2nd property liao. Just normal highly paid civil servants with iron rice bowl.

And... they are definitely not the only ones...
Agree that many have lots of savings, possibly including you.

However, must all of it be used for property? Does it mean as long as we have a few hundred k / millions in savings, property is not expensive?
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Old 26-04-2020, 10:35 AM   #1214
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After factoring in the few hundred k of taxes and legal fees, plus the hassle of managing tenants and repairs, I will be better off not investing in any more properties at current prices (I already have a few). However, if property prices drop by 10-15% to off-set the taxes, I will consider again. Now, I just look at my CPF for leisure
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Old 26-04-2020, 11:01 AM   #1215
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Agree that many have lots of savings, possibly including you.

However, must all of it be used for property? Does it mean as long as we have a few hundred k / millions in savings, property is not expensive?
But a lot of people with that kind of cash, already lost a lot of $ in share.

Easily wipe off 50%.
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