Page 2 of 2 FirstFirst 12
Results 21 to 30 of 30

Thread: Property Discussion thread

  1. #21
    Senior Member melvin's Avatar
    Join Date
    Jun 2005
    Location
    TPY
    Posts
    2,681

    Default Re: Property Discussion thread

    Quote Originally Posted by Danntbt View Post
    Average newer EA are closer to the older 5I......size of new flats are smaller nowadays. And I think hdb has stop building Exec flats of late. Ya property prices are crazy....there used to be left-over flats in Jurong West as recent as 2 years back. Exec Apt left on the shelves were sold by HDB as resale flats for only 270K....meaning those who are not eligible to buy from direct from HDB could buy,recent transactions of these flats in Ave 3 (Blk 274A) were as high as 462K. The yet to be launched new condo beside the Caspian near Lakeside MRT is likely to be close to 1K psf...and all these are in the ulu place of old....way out in Jurong.
    Why the price shoots up like arocket in this Ulu location is becos govern plans to turn Jurong into the Next Biz Hub. Thats why snice the Days of Caspian (ie. its first launch) the prices (of properties be it HDB/Private/commercial) in the area starts to rocket upon the news of its transformation.

  2. #22

    Default Re: A Tiny Apartment Transforms into 24 Rooms

    Can we buy this in SG?
    Great for the small apartments:
    http://www.youtube.com/watch?v=GRxvN...layer_embedded#!
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  3. #23

    Default Re: A Tiny Apartment Transforms into 24 Rooms

    Quote Originally Posted by petetherock View Post
    Can we buy this in SG?
    Great for the small apartments:
    http://www.youtube.com/watch?v=GRxvN...layer_embedded#!
    if you can afford why not? all these are custom made, you can find those carpenter with very good workmanship to do it, but prepare to pay luxury price.
    Objection !!!

  4. #24

    Default Re: Property Discussion thread

    Buying property is often described as a fine art of timing.

    Prices have been climbing up and seem to be suspended in the sky, despite all the measures taken to cool prices. Part of the reason is greed. By sellers who want higher prices, but also since the prices for property seem to be increasing constantly, if you sell, you will pay more for the new place too.

    But even so, if the purpose of buying is to get a place to stay, then almost anything is good. Just do lots of homework, and hunt for a deal. If you have no time then be prepared to go premium.
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  5. #25

    Default Re: Property Discussion thread

    http://www.todayonline.com/Hotnews/E...-measures-but-,,,

    SINGAPORE - More restrictions to curb the sizzling property market were unveiled yesterday by the Government, five months after its last round of measures and its fourth in 16 months.

    And these latest cooling measures - described by some industry players as "too punitive" - are by no means the last should they fail to tame the market, analysts said.

    Research Consultancy SLP International executive director Nicholas Mak said: "This is going to basically drive another nail into the coffin of anybody who has thoughts of short-term investments."

    Ms Tessa Chan, in her 30s, told MediaCorp the latest measures have put the brakes on her plans to own a second property.

    She said: "Those who have already benefitted (from the high property prices) ... will have another bite at the cherry because they're already sitting on cash waiting. But, for those are coming into the party late, too bad."

    Like the previous Government interventions, the four tools announced yesterday after the stock market closed - and which take effect today - were aimed at discouraging short-term investment and to soak up excessive liquidity sloshing around.

    They came only a few hours after buyers snapped up all the units available at the Loft@Holland (picture), Oxley Holdings' latest "shoebox'' residential project.

    And such signs of froth in the market could be removed for at least two to three months, property analysts predicted.

    The timing of the announcement - days before December home sale figures will be released - suggests that the Government may be concerned about the property prices seen between September and last month, according to Cushman & Wakefield managing director Donald Han.

    While prices seem to have stabilised compared to the first half of last year, a rise in sales volumes, as seen in November, would have an upward effect on prices, said Mr Han, who suspects that there was also an aggressive take-up in December.

    Mr Mak said that his firm's research showed that subsales, as a percentage of total residential transactions, have been falling since the second quarter of 2009, from 14 per cent then to 9 per cent most recently.

    "Since short-term property speculation is not at a problematic level, the latest round of Government intervention could be prompted by other factors, such as strong demand for residential properties due to high level of liquidity," he said.

    For those who are looking to flip property for a quick buck, however, Mr Mak said they may be deterred by the move to increase the duration, from the current three years to four years, in which the Seller's Stamp Duty applies.

    It could force some buyers of uncompleted homes to hold on to those properties until they are completed and, for completed properties, to lease them until the end of the four-year period.

    Mr Mak added: "The duty rate of 16 per cent and 12 per cent for residential properties which are bought and sold in the first and second year respectively would almost cream off the profit made from such short-term investments."

    But not everyone could be out to make a fast buck. International Property Advisor director Ku Swee Yong said there may be "hardship cases", where someone sells a condo "to save his business from bankruptcy or for (treating) a brain tumour".

    First-time buyers of private residential properties have less to worry as they would not bear the brunt of the latest measures.

    For instance, lowering the limit on housing loans, from 70 per cent to 60 per cent of valuation for individuals with one or more outstanding housing loans at the time of the new housing purchase, will not affect new home buyers, said Mr Han.

    Instead, it will "take some wind out of the mass market - properties below $2,000 per square foot - and mass market buyers trying to get their second or third property".

    The new measures
    by Esther Ng
    - Holding period for imposition of Seller's Stamp Duty (SSD) increased from three to four years.



    - SSD rates raised to 16 per cent, 12 per cent, 8 per cent and 4 per cent for homes bought today and thereafter and which are sold in the first, second, third and fourth year, respectively.



    - Loan-To-Value (LTV) limit lowered to 50% on housing loans for property purchasers who are not individuals.



    - LTV limit lowered from 70 per cent to 60 per cent for individual property purchasers with one or more outstanding housing loans.
    Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm

  6. #26
    Senior Member
    Join Date
    Feb 2005
    Location
    sing
    Posts
    3,353

    Default Re: Property Discussion thread

    There is a more insidious side to the US printing

    In QE1
    $1.7 TRILLION

    In QE2
    $600 BILLION

    What about QE3, QE4, QE5 yet to come?

    QE means Quantitatve Easing. For laymen like us, just call it Printing Money.

    This is HOT MONEY.
    It will flow to places where they will buy Assets with this hot money.

    Once they buy your Assets with their (worthless?) HOT MONEY, their problem is passed over to you. Their economic problem becomes your economic problem.
    They create a bubble economy for you. You suffer when it bursts.

  7. #27
    Member voxies09's Avatar
    Join Date
    Apr 2010
    Location
    Singapore
    Posts
    651

    Default Re: Property Discussion thread

    The plan was to drop usd exch rate so that their export sector increase n create more job.
    Canon Kiss X4 | 18-55mm f3.5-5.6 IS II Kit lens | 50mm f1.8

  8. #28

    Default Re: Property Discussion thread

    Quote Originally Posted by ricohflex View Post
    There is a more insidious side to the US printing

    In QE1
    $1.7 TRILLION

    In QE2
    $600 BILLION

    What about QE3, QE4, QE5 yet to come?

    QE means Quantitatve Easing. For laymen like us, just call it Printing Money.

    This is HOT MONEY.
    It will flow to places where they will buy Assets with this hot money.

    Once they buy your Assets with their (worthless?) HOT MONEY, their problem is passed over to you. Their economic problem becomes your economic problem.
    They create a bubble economy for you. You suffer when it bursts.
    There is a limit that they can print right? Could you elaborate how the economic problem is transfer to other countries? We are assuming the money is from US. Is there more party involved like china, indonesia rich, arab, hong kong, malaysia chinese, taiwan, ..

  9. #29
    Senior Member
    Join Date
    Feb 2005
    Location
    sing
    Posts
    3,353

    Default Re: Property Discussion thread

    Quote:
    "There is a lot of hot money going around and a lot more to come from the next round of QE. All of that excess liquidity is going to flow into high yielding Asia. Never in favor of capital controls, but may have to be used."


    Read:


    Stephen Roach: QE1 Didn't Work, QE2 Won't Work, And QE 12 Won't Work Either

    Read more: http://www.businessinsider.com/steph...#ixzz1B6q0w2vr

    http://www.businessinsider.com/steph...easing-2010-10

  10. #30
    Member
    Join Date
    Jul 2005
    Location
    Singapore, West
    Posts
    478

    Default Re: A Tiny Apartment Transforms into 24 Rooms

    Quote Originally Posted by ninelives View Post
    if you can afford why not? all these are custom made, you can find those carpenter with very good workmanship to do it, but prepare to pay luxury price.
    Concept is good, and from my view more suitable for spare beds for occasional visitors.
    For instance, often the 'hidden beds' only a mattress with bed sheet on it and strapped to the frame. I know if daily I have to fold the quilt, store the pillow elsewhere etc, eventually I'll just leave the bed opened always.

Page 2 of 2 FirstFirst 12

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •