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Old 06-06-2019, 10:50 AM   #1141
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Take a look at resales market and landed properties all still selling high. No one sell low.
know the difference between selling and sold?
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Old 06-06-2019, 10:53 AM   #1142
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know the difference between selling and sold?
I understand that and I am still searching for a value deal.
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Old 06-06-2019, 12:23 PM   #1143
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Was referring to the upcoming government land sale sites.

But developers have no choice but to book in losses if the market cannot support their asking prices.
Look at the recent land bid of site near SUO. The same bidder bid lower than the bid for SUO. If a brand new condo is selling cheaper than the launch price (5 years ago) of a five year old condo, do you think this five year old condo would appreciate or depreciate in value?
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Old 06-06-2019, 03:31 PM   #1144
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Bloomberg: Singapore Has 24,000 Empty Apartments (And Another 44,000 Being Built)
https://www.bloomberg.com/news/artic...-of-oversupply
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Old 06-06-2019, 05:14 PM   #1145
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Bloomberg: Singapore Has 24,000 Empty Apartments (And Another 44,000 Being Built)
https://www.bloomberg.com/news/artic...-of-oversupply
Don't worry. Singapore many rich singaporean.
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Old 06-06-2019, 05:31 PM   #1146
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Don't worry. Singapore many rich singaporean.
Sure, they buy and leave it empty waiting for capital appreciation.
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Old 06-06-2019, 05:37 PM   #1147
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Sure, they buy and leave it empty waiting for capital appreciation.
How long can they leave it empty? 99 years counting down.
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Old 12-06-2019, 10:52 AM   #1148
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Loti Prata Shop

On the one hand ‘oversupply unlikely to happen’

https://www.propertyguru.com.sg/property-management-news/2018/7/173387/supply-glut-unlikely-to-happen-condo-prices-may-see-healthy-growth-jll

On the other hand,
Quote”
The cutback comes amid OVERSUPPLY CONCERNS, with roughly 44,000 private housing units in the pipeline.
Unquote””

https://www.propertyguru.com.sg/property-management-news/2019/6/180497/what-does-a-cutback-in-new-condo-supply-mean-for-the-market

Do you believe what you read?
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Old 12-06-2019, 11:55 AM   #1149
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Crisis coming soon, those ppl who bought property and financing it good luck.. Sinkies monkey see monkey do... anyhow buy....
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Old 12-06-2019, 01:11 PM   #1150
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Crisis coming soon, those ppl who bought property and financing it good luck.. Sinkies monkey see monkey do... anyhow buy....
I still see many many people go showflat and buying. I think your crisis is over statement.
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Old 12-06-2019, 01:46 PM   #1151
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I still see many many people go showflat and buying. I think your crisis is over statement.
The more people buy now, the worse the crisis (if any) will be as more default on their loans.

True that there is a lot of uncertainly now, no one knows, there has been much talks of recession these few years.
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Old 12-06-2019, 08:39 PM   #1152
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The more people buy now, the worse the crisis (if any) will be as more default on their loans.

True that there is a lot of uncertainly now, no one knows, there has been much talks of recession these few years.
As much I hope there is a correction, but with MAS imposing TDSR and ABSD I think those who insist buying condos are buffered with extra cash. I think.
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Old 13-06-2019, 03:08 AM   #1153
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As much I hope there is a correction, but with MAS imposing TDSR and ABSD I think those who insist buying condos are buffered with extra cash. I think.
It is perfectly fine if other people use their money to purchase property to drive the economy. As Long as they are not using my money...if they gain with all the absd, high interest and taxes we can only congratulate them. If they lose money like those who bought some Sentosa properties, then use them as a lesson learnt. They pay ‘fees’ to learn, but we learn from them...
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Old 13-06-2019, 03:23 AM   #1154
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The more people buy now, the worse the crisis (if any) will be as more default on their loans.

True that there is a lot of uncertainly now, no one knows, there has been much talks of recession these few years.
Actually the less people buy, then developer will bid lower for land, then government will say developer bid lower than reserved price so dun wan sell, then less supply and slowly all leftover units get sold out with replenishment. If not, government will remove cooling measures and units will start selling and developers will still bid for land at sky high price. To me, it is a cycle. Unless government is ok to sell the land at lower prices which means lesser profit for the government too..
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Old 13-06-2019, 08:40 AM   #1155
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many indon indian prc buyers want to buy sg properties... sinkies will be priced out
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