Goldbug 6th Gear August 30, 2013 Share August 30, 2013 ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic August 30, 2013 Share August 30, 2013 Now i already affected badly already, hope no property bubble burst in sg Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 (edited) Now i already affected badly already, hope no property bubble burst in sg the CNBC article manage to zero in on 2 out of 4 of the affected countries in which area... quite chilling to read... Singapore fundamentals strong... the STI should be quite resistant Edited August 30, 2013 by Goldbug Link to post Share on other sites More sharing options...
Toothiewabbit Supersonic August 30, 2013 Share August 30, 2013 Perhaps...it may take place earlier than 2016. Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 Perhaps...it may take place earlier than 2016. MAS has strong reserves, I doubt SGD will plunge like Rupee or Rupiah Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear August 30, 2013 Share August 30, 2013 (edited) MAS has strong reserves, I doubt SGD will plunge like Rupee or Rupiah Report say SGD wont plunge but property bubble might burst which is worst than SGD plunge leh That is the reason why they want PR to wait 3yrs inorder to buy HDB resale . This group boh pian , will either buy pte pty or rental , this is to engineer the manitude of the burst Edited August 30, 2013 by Jasonjst 2 Link to post Share on other sites More sharing options...
Vid Hypersonic August 30, 2013 Share August 30, 2013 Tapering is likely in September but with the situation in Syria, not so sure anymore. Link to post Share on other sites More sharing options...
Mllcg 3rd Gear August 30, 2013 Share August 30, 2013 Report say SGD wont plunge but property bubble might burst which is worst than SGD plunge leh That is the reason why they want PR to wait 3yrs inorder to buy HDB resale . This group boh pian , will either buy pte pty or rental , this is to engineer the manitude of the burst sgd plunge is worst. we lose our monetary value overnight. affects our currency value as well as trading power/buying and selling power. bubble burst affects local economy only. singapore not big enough to cause worldwide meltdown like usa did in 2008 2 Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 Tapering is likely in September but with the situation in Syria, not so sure anymore. yalor... you think will extend QE boh? Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 sgd plunge is worst. we lose our monetary value overnight. affects our currency value as well as trading power/buying and selling power. bubble burst affects local economy only. singapore not big enough to cause worldwide meltdown like usa did in 2008 but so many people bought property at historic high prices, bubble burst will bring alot of hardship to singaporean families Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 Report say SGD wont plunge but property bubble might burst which is worst than SGD plunge leh That is the reason why they want PR to wait 3yrs inorder to buy HDB resale . This group boh pian , will either buy pte pty or rental , this is to engineer the manitude of the burst so many rounds of cool measures, still will burst meh? Link to post Share on other sites More sharing options...
Wt_know Supersonic August 30, 2013 Share August 30, 2013 (edited) when QE1 QE2 and QE3 start to print money .... today is already EXPECTED right so what went wrong? the govt let the property bubble to build up? i won't deny there is a bubble but as far as i can see, local property buyer are SOLID they will not die (probably hurt a little) even the bubble burst unless we are talking about no jobs, no gdp growth and interest rise to 4%-5% or higher Edited August 30, 2013 by Wt_know 1 Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear August 30, 2013 Share August 30, 2013 so many rounds of cool measures, still will burst meh? with 6.9mil coming , not only will it burst , it will sink the whole island lah ! Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic August 30, 2013 Share August 30, 2013 so many rounds of cool measures, still will burst meh? When burst take off cooling measure sure bubble bubble pop again Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic August 30, 2013 Share August 30, 2013 when QE1 QE2 and QE3 start to print money .... today is already EXPECTED right so what went wrong? the govt let the property bubble to build up? i won't deny there is a bubble but as far as i can see, local property buyer are SOLID they will not die (probably hurt a little) even the bubble burst unless we are talking about no jobs, no gdp growth and interest rise to 4%-5% or higher True as long as no global downturn, sg will remain attractive. No investments from indo and india, there are still many other countries invest in sg Link to post Share on other sites More sharing options...
Goldbug 6th Gear August 30, 2013 Author Share August 30, 2013 when QE1 QE2 and QE3 start to print money .... today is already EXPECTED right so what went wrong? the govt let the property bubble to build up? i won't deny there is a bubble but as far as i can see, local property buyer are SOLID they will not die (probably hurt a little) even the bubble burst unless we are talking about no jobs, no gdp growth and interest rise to 4%-5% or higher say property valuation dip, at what point the banks will ask for top up? Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear August 30, 2013 Share August 30, 2013 True as long as no global downturn, sg will remain attractive. No investments from indo and india, there are still many other countries invest in sg Not invest , they speculate in Singapore big time via Casino , properties . Tell me what can growth in Singapore market ? ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Singapore Property Scene Discussion
Singapore Property Scene Discussion
Properties info
Properties info
Property in Johor
Property in Johor
Singapore ranked most liveable city in Asia for 20th straight year: ECA
Singapore ranked most liveable city in Asia for 20th straight year: ECA
Greater Southern Waterfront discussion
Greater Southern Waterfront discussion
Mercs: property news & updates
Mercs: property news & updates
Checklist: Things to look out for when buying a place
Checklist: Things to look out for when buying a place
First Testing
First Testing