is it a buyer's market for properties now?


dRebelXT

New Member
May 14, 2005
1,636
0
0
#1
judging from the media, sales going down.. buyers hold their money..
is it possible to find out real time transcation prices than the 2 month delayed version on URA website? or any erbsite carry information on prices with shorter delays?
 

dreaming

New Member
Oct 22, 2006
0
0
0
#3
official statistics? it would be months later. personally i saw a few houses that is valuated in August and is still unsold. one of the owner has even repainted the house to boost the chances of getting high COV if transaction is deal. I was laughing oll the way ( i was shown the same unit 2 months later...)

previous COV value, those agent will tell you that minimum is 30K. to be sure, we need to offer 40K.. i thought what the hell is happening to this country. all opportunist are so damn greedy. PPL speak that kind of moneyt like paying for a can of Coke. wonder how could afford 40K with 5% cash of the unit valuation upfront.
 

ricohflex

Senior Member
Feb 24, 2005
3,353
8
38
sing
#4
wonder if this is possible......

Developer X works with Buyer A and Seller B to put up a fake show

Buyer A gets money from developer X and pays $100K COV or pays >$1M for house

Then after sale Seller B pays back part of the "show" money back to developer X

Developers X, Y & Z then say...hey...now surely our condos and landed houses are worth more than that...now the price is at least $2M for each condo ...and our landed house price is now >$10M ...take it or leave it.

a short while later....repeat the same fake show....and push prices up to new higher level.....

developers X, Y and Z laugh all the way to the bank....
 

dreaming

New Member
Oct 22, 2006
0
0
0
#5
it could be, my dear ricohflex.. it all about acting and putting up a good show.
 

dreaming

New Member
Oct 22, 2006
0
0
0
#6
judging from the media, sales going down.. buyers hold their money..
is it possible to find out real time transcation prices than the 2 month delayed version on URA website? or any erbsite carry information on prices with shorter delays?
for real time transaction, you have to be actively looking out in the market.. ie on the ground
 

dRebelXT

New Member
May 14, 2005
1,636
0
0
#7
wonder if this is possible......

Developer X works with Buyer A and Seller B to put up a fake show

Buyer A gets money from developer X and pays $100K COV or pays >$1M for house

Then after sale Seller B pays back part of the "show" money back to developer X

Developers X, Y & Z then say...hey...now surely our condos and landed houses are worth more than that...now the price is at least $2M for each condo ...and our landed house price is now >$10M ...take it or leave it.

a short while later....repeat the same fake show....and push prices up to new higher level.....

developers X, Y and Z laugh all the way to the bank....
yes.. china allows this.. news report that..

for real time transaction, you have to be actively looking out in the market.. ie on the ground
yes i saw one ad, price revised down within a week..

it could be, my dear ricohflex.. it all about acting and putting up a good show.
yes.. the consumer confidence thingy is all about that.. the obamas.. the feds.. the scholars.. all post good shows.. through 2008 untill today.. :bsmilie:
 

Top Bottom