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Private Property prices......still up or down? Part II

RadX

By RadX,
in Property Buzz

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Invigorated

Invigorated

Supercharged

I am slightly concerned but I am sure there are some Bros here more knowledgeable than me!

 

I think we're due a downturn fairly soonish ...

 

https://www.forbes.com/sites/jessecolombo/2018/09/27/how-interest-rate-hikes-will-trigger-the-next-financial-crisis/#4c0233e67170

 

... there are more and more articles n the net warning about this potential issue in the next 18-24 months.

 

I am certain all are vested so for the Bros out there ... please enter with your eyes open!

anyone can shout recession, some have shouted for years. they will eventually be correct, a recession will happen eventually right?

 

but who can we respect, someone who advises the right moves between those recessionary periods or one who can predict only the inevitable? a spoilt clock is also right twice a day right?

 

saying that one shouldn't invest for the last how many years because of an eventual recession is like saying that one shouldnt live because we all have to die.

 

[from the column writer's, Jesse's, own words]

 

Lately, I’ve been hearing the criticism “you’ve been warning about this bubble for 10 years now! When are you going to admit you were wrong?!” Yes, I know it’s been seven years (I started warning about the current bubble in June 2011), but even warning about a bubble for ten years isn’t crazy at all – for an example of this, we only need to look to the U.S. housing bubble, which inflated from roughly 1997 until 2007. I believe that someone would have been completely justified for warning about this disastrous bubble for a full decade. Just imagine the kind of criticisms that would be leveled in the latter stages of the bubble in 2005, 2006, and 2007 at someone who had been warning about the U.S. housing bubble since 1997! They’d probably want to hide under a rock, yet they would have been completely correct. I believe that the current bubble is no different.

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Wt_know

Wt_know

Supersonic
(edited)

https://www.businesstimes.com.sg/government-economy/en-bloc-deals-better-economy-bolster-singapore-tax-coffers

En bloc deals, better economy bolster Singapore tax coffers

Sept 27, 2018

 

(For year ended March 31, stamp duty jumps 50% to S$4.9b; total income tax still forms bulk of tax collected)

stamp duty huat ah ... close to $5B ...

wansui wansui wanwan sui

 

https://sbr.com.sg/economy/news/singapore-population-inched-05-564-million-in-june

Singapore population inched up 0.5% to 5.64 million in June

Sept 28, 2018

release the KRAKEN ... no 6.9 no talk! Edited by Wt_know
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Theoldjaffa

Theoldjaffa

Hypersonic

https://www.businesstimes.com.sg/government-economy/en-bloc-deals-better-economy-bolster-singapore-tax-coffers

En bloc deals, better economy bolster Singapore tax coffers

Sept 27, 2018

 

(For year ended March 31, stamp duty jumps 50% to S$4.9b; total income tax still forms bulk of tax collected)

Paiseh for going OT. May I ask about those tobacco tax, petrol tax.. these kind.. goes to which bucket? GST?
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Showster

Showster

Twincharged
(edited)

Paiseh for going OT. May I ask about those tobacco tax, petrol tax.. these kind.. goes to which bucket? GST?

There are sins taxes for betting.

 

Tobacco, petrol should be under GST...

Edited by Showster
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Showster

Showster

Twincharged

why everyone so kaypoh people lost their job

can buy a $8M house means his networth at least smelly smelly $30M? [sly] ... to get into the UHNWI elite leh

hwz juicy news that he work up the ladder from Marketing Director > COO > CEO ? [sly]

could have accumulated enough juice liao la ... hwz juicy news say vivian drive masalatea leh ... not Kia K3

may be drowngrade to a $3M house lor ... sibei charm right ...

 

we are not talking about a 9-to-5 junior management staff making $8K-$10K bought a $2.5M condo

if this one lost his job ... really ho-say-liao ...

LHWB headlines yesterday says he going to another listed company. Didn’t get to read details though.
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Hosaybo

Hosaybo

6th Gear

It's Nuovo. Besides Vivian Lai, a number of other Mediacorp artists such as Mark Lee, Pan Lingling and Jin Yinji were neighbors of my colleague who used to live there. It was among the most profitable ECs in their initial years after privatization.

Ha... Know someone who got a penthouse there first hand as well. Think less than a million back then.
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Throttle2

Throttle2

Supersonic

wah which EC so good bring luck to so many former owners

 

all upgrade to landed

 

i also want to buy and stay if i can afford

 

:D

Me too, can i buy please?

Pretty please?

Huat ah!

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Wt_know

Wt_know

Supersonic
(edited)

bro, your pink ic bo pake la

even a brand new unsold EC located in woodland a stone throw away to JB you also cannot buy la

you have to buy resale from new citizen la ... song bo!

 

Me too, can i buy please?

Pretty please?

Huat ah!

Edited by Wt_know
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Throttle2

Throttle2

Supersonic
(edited)

bro, your pink ic bo pake la

even a brand new unsold EC located in woodland a stone throw away to JB you also cannot buy la

you have to buy resale from new citizen la ... song bo!

 

 

Wah lau.

Why like that?

All my taxes paid how?

All give other people profiteer already.

KNN!

 

My pink IC not IC ah?

becos i am from another Island?

Chey! Pwui pwui pwui

 

Muayhahahahahahah

Edited by Throttle2
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Wt_know

Wt_know

Supersonic
(edited)

talk like no talk leh

price too high la ... stamp duties la ... low rent la ... blablabla

then spore is the best country to invest ... low interest rates ... plenty of liquidity ... can anytime open immigration floodgate because business hard to find workers ... property wont crash ... blablabla

 

conclusion?

Edited by Wt_know
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