FTs Causing Problems Again

[Mightymito]

http://sg.finance.yahoo.com/news/Bleak-out...156993.html?x=0

 

 

 

 

Singapore's property sector may soon face difficult times, as Standard Chartered Bank's latest report has stated a bearish outlook for the market.

 

According to the bank's analysts, prices and rents of residential properties in Singapore will drop by 30 percent over the next three years.

 

This will be quite a setback, given that prices rose 18 percent in 2010, as Singapore recovered strongly from the global financial crisis. Prices soared a further six percent in the first three quarters of this year.

 

In addition, the bank expects some problems ahead, such as the unprecedented supply of completed homes coming on-stream and slower population growth due to stricter immigration policies.

 

"We expect lower population growth and high completions to induce a 20-30 percent decline in home prices in 2012-2014," said the StanChart analysts. "When residential prices went into a four-year downcycle from 2001, residential developers traded at 0.6-0.8 times price-to-book ratio."

 

The gloomy outlook came after property developers reported subdued results for the third quarter this year, attributed to lower contributions from their development units.

 

For the latest property news, trends, resources and expert opinions, visit our property news section. Home buyers, sellers or property renters looking for a Singapore property may like to visit http://www.propertyguru.com.sg today.

 

Edited November 30, 2011 by Mightymito

[Sabbie]

Everything also blame FTs, how about the locals who had benefitted from selling their property to these FTs in the past few years? This xenophobic behaviour is really quite wanton.

[Galantspeedz]

if i rem correctly.... TS is also classified as FT....??

[Sabbie]

Is that why he always whack me?

[LoverofCar]

  On 11/30/2011 at 2:12 AM, Sabbie said:

Everything also blame FTs, how about the locals who had benefitted from selling their property to these FTs in the past few years? This xenophobic behaviour is really quite wanton.

Since when u become the next MCF in house FT supporter? Badder rested in peace...you taking over?

[Scb11980]

  On 11/30/2011 at 2:12 AM, Sabbie said:

Everything also blame FTs, how about the locals who had benefitted from selling their property to these FTs in the past few years? This xenophobic behaviour is really quite wanton.

wah your english power

 

can post simple singlish

 

wanton ... i got hungry thought it is wanton mee

[Sabbie]

  On 11/30/2011 at 2:20 AM, LoverofCar said:

Since when u become the next MCF in house FT supporter? Badder rested in peace...you taking over?

 

Now he becum my consultant leow...hahaha....anyway I am anti FT men too, but pro FT women....

[Sabbie]

  On 11/30/2011 at 2:21 AM, Scb11980 said:

wah your english power

 

can post simple singlish

 

wanton ... i got hungry thought it is wanton mee

 

Cos people here all high class and atas one....don't use queen's engrish, they cannot understand...

[Good-Carbuyer]

It is quite normal to blame foreigners as a defence to protect our honour/hide our shame. Any countries the same.

[Scb11980]

anywhere in the world

we need FTs in varying proportion

 

however, the number and speed in which FTs are allowed by our government to flood our tiny island

requires a miracle to undo what the damages had already happen

[Greatbirdlegend]

  On 11/30/2011 at 2:14 AM, Galantspeedz said:

if i rem correctly.... TS is also classified as FT....??

 

badder is gone so someone has to step up to try act smart and stir shiatte.

[Jasonjst]

I thought everyone KPKB price too high , now coming down also KPKB ?

[Sky61]

  On 11/30/2011 at 2:58 AM, Scb11980 said:

anywhere in the world

we need FTs in varying proportion

 

however, the number and speed in which FTs are allowed by our government to flood our tiny island

requires a miracle to undo what the damages had already happen

 

this is very true

[13177]

  On 11/30/2011 at 2:58 AM, Scb11980 said:

anywhere in the world

we need FTs in varying proportion

 

however, the number and speed in which FTs are allowed by our government to flood our tiny island

requires a miracle to undo what the damages had already happen

True, we cannot avoid FTs no matter which country. But the number of FTs should be limited to certain numbers, also quality of FTs also important. Unlike sgp govt, never plan and think on the adverse impact that huge numbers of FTs/FWs coming into tiny sgp?! Do you think govt is intending to undo what the damages has already done?

[13177]

*deleted*

Edited November 30, 2011 by 13177

[13177]

*deleted*

Edited November 30, 2011 by 13177

[Mightymito]

If your grandad or your great grandad or your great great grandad who were coolies are still alive should they be sent back to china?

[Greatbirdlegend]

calling J22.