Zanter 3rd Gear September 16, 2011 Share September 16, 2011 I will only accept a recession when property price and rental fall like no tomorrow. Once this happen, everything else will follow. I don't see that happening, yet. Of course there wont be a reccession cos it will be a slow unwinding depression. ↡ Advertisement Link to post Share on other sites More sharing options...
Scion Turbocharged September 16, 2011 Share September 16, 2011 I will only accept a recession when property price and rental fall like no tomorrow. Once this happen, everything else will follow. I don't see that happening, yet. nope... stock markets will crash 50% or more first, fast and furious then the hard times come... recession in effect, retrenchment, pay cuts, etc then the properties will crash 50% or more over the next few months Link to post Share on other sites More sharing options...
Sabbie Clutched September 16, 2011 Share September 16, 2011 Maybank's higher... 1 over % i think... i dun like msia banks, so what's the net flashcard used for? Link to post Share on other sites More sharing options...
LoverofCar 6th Gear September 16, 2011 Share September 16, 2011 semicon n fab seem to be always the first to feel it. anyw the euro banks staff have been nervous since last 2 weeks. my co bankers, euro bank, were so downcast when they gave us mooncakes. as semicon market are closely linked to the consumer market such as automotive, communication device like cellphone, computer and etc...this is very direct indication of the consumer's confidence........soon it will spread to property and stock market.... Link to post Share on other sites More sharing options...
Zanter 3rd Gear September 16, 2011 Share September 16, 2011 as semicon market are closely linked to the consumer market such as automotive, communication device like cellphone, computer and etc...this is very direct indication of the consumer's confidence........soon it will spread to property and stock market.... In fact the say the stockmarket is 6-9 months leading indicator of economic activity. The market started correcting in May so by year's end you can really start to feel the slow down. Those who chong 70k coe cars will cry. Link to post Share on other sites More sharing options...
Old-driver 5th Gear September 16, 2011 Share September 16, 2011 i dun like msia banks, so what's the net flashcard used for? Honestly i hv no idea... tempted as well. they were offering the HP touch-pad as bait before it was taken off the shelves by HP and now offers the flashcard. Flash at girls? hehee... Link to post Share on other sites More sharing options...
Old-driver 5th Gear September 16, 2011 Share September 16, 2011 In fact the say the stockmarket is 6-9 months leading indicator of economic activity. The market started correcting in May so by year's end you can really start to feel the slow down. Those who chong 70k coe cars will cry. If the Euro issue is prolonged and the stock market is still depressed we may see some prices coming down next year, both cars and property Link to post Share on other sites More sharing options...
SimonTan 2nd Gear September 16, 2011 Share September 16, 2011 It will never happen. Printing money will keep the economy going. Singaporeans no money to buy properties? The rich Chinese and Malaysian will come and grap the cheap properties. Just like when London and aussie properties were cheap in the late 90s, many singaporean went to buy it. The only time properties go down is when Singapore is finished!! Do anyone here want to see that happen? I don't think so. Therefore...subconsciously....the citizens are hoping the emperor and son will keep the song and dancing on and on. No worries....the force is strong. I am getting my first private property for investment soon. I am vested Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 16, 2011 Share September 16, 2011 with people losing 2 bil with a blink of an eye, how many pax need to be axed, to make up for this loss. ya it wil b a worldwide reduction exercise, jus tat singapore units will b milder. but frankly these losses is just one, they are now also scared of liquidity crunch, if funds are called to save the problem kids, lines wil dry up and no more business. heads wil roll. Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 16, 2011 Share September 16, 2011 Did they slip the pinkslip inside the mooncakes? haha no la, the pink slips would b for them, not for us the clients haha Link to post Share on other sites More sharing options...
LoverofCar 6th Gear September 16, 2011 Share September 16, 2011 It will never happen. Printing money will keep the economy going. Singaporeans no money to buy properties? The rich Chinese and Malaysian will come and grap the cheap properties. Just like when London and aussie properties were cheap in the late 90s, many singaporean went to buy it. The only time properties go down is when Singapore is finished!! Do anyone here want to see that happen? I don't think so. Therefore...subconsciously....the citizens are hoping the emperor and son will keep the song and dancing on and on. No worries....the force is strong. I am getting my first private property for investment soon. I am vested You acting is what needed in this economy... ...it good to stay positive... .what we talking here is the real sign in the market that we are seeing...so no right no wrong....if you think is good and positive...go for it.... Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 16, 2011 Share September 16, 2011 as semicon market are closely linked to the consumer market such as automotive, communication device like cellphone, computer and etc...this is very direct indication of the consumer's confidence........soon it will spread to property and stock market.... agree..in fact it doesnt surprise me. look at it sg alr in technical recession. export is negative. the excess capacities wil need to be cut. frankly all those previous hot money has done nothing to improve fundamentals, it only made the rich richer. Link to post Share on other sites More sharing options...
Sk65 1st Gear September 16, 2011 Share September 16, 2011 they are now also scared of liquidity crunch, if funds are called to save the problem kids, lines wil dry up and no more business. heads wil roll. sounds so much like the rumour about SNB and GOLD today Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 16, 2011 Share September 16, 2011 It will never happen. Printing money will keep the economy going. Singaporeans no money to buy properties? The rich Chinese and Malaysian will come and grap the cheap properties. Just like when London and aussie properties were cheap in the late 90s, many singaporean went to buy it. The only time properties go down is when Singapore is finished!! Do anyone here want to see that happen? I don't think so. Therefore...subconsciously....the citizens are hoping the emperor and son will keep the song and dancing on and on. No worries....the force is strong. I am getting my first private property for investment soon. I am vested wah so high now u also buy ah. anyw hope u hv gotten a good deal la. Link to post Share on other sites More sharing options...
Sk65 1st Gear September 16, 2011 Share September 16, 2011 haha no la, the pink slips would b for them, not for us the clients haha wats pink slip? (i only know the ming dynasty put slips in mooncake to revolt) Link to post Share on other sites More sharing options...
Sk65 1st Gear September 16, 2011 Share September 16, 2011 wah so high now u also buy ah. anyw hope u hv gotten a good deal la. i read a comment lately thats quite logical. to buy or to sell, its ok to be not invested if you are unsure. Link to post Share on other sites More sharing options...
LoverofCar 6th Gear September 16, 2011 Share September 16, 2011 agree..in fact it doesnt surprise me. look at it sg alr in technical recession. export is negative. the excess capacities wil need to be cut. frankly all those previous hot money has done nothing to improve fundamentals, it only made the rich richer. I remember I read that SGP property transaction reduced by 16%......so if people said consumers' confidence are not affected...well..I really puzzled... Link to post Share on other sites More sharing options...
Maroon5 5th Gear September 16, 2011 Share September 16, 2011 sounds so much like the rumour about SNB and GOLD today oh wat is it? but frankly swiss is very strong la. its the safe haven of europe. hmm as for gold, im one of those who is skeptical at this kind of pricing. anyw jus to share, i attended Jim Rogers talk last week and his view was no entry for gold at this price. ↡ Advertisement Link to post Share on other sites More sharing options...
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