Post Reply
101-120 of 201
Of course some property developers try to say mid and loss end homes holding well
Developers of course try to protect market
Wait for 1-2 years more and we will see whole mkt plunge like other property consultants say
Many are not buying because of the plain fact that lifetime also cannot pay off
So those who buy gamble by renting rent out
From tteth53: Buyers note: amid good news.....Beware
Prices of some new properties coming down. Move may signal end of months-long stand-off between buyers and sellers
By Fiona Chan, Property Reporter
Published: June 12 2008, (The Straits Times)
Confirmation. Mtk set to cool isit..?. Change this China property market set to cool (Beijing) to this Singapore property market set to cool. (S'pore).
teeth53 ( Date: 24-Feb-2008 10:40) Posted:
|
Capland CEO. Mr Liew said low-end homes prices expected to stay stable. Last mth Capland reiterated its target to launching 800-1000 units this year. (isit B''cos Capland is launching??, so mtk is stable)
Developers face by credit squeeze, falling sales and lower prices, (In S''pore) Developers are getting ready to release mass- to mid-market condos, encouraged by the response to modestly-priced developments recently.
Industry sources say demands exists, but only at low-end against backdrop of a much quieter property mkt. While high-end projects, shot up to unrealistic levels during the property boom last year.
Analysts say mkt turned silent, led some project that home prices will fall by as much as 40% over d next 2 years.
My tot is left wondering who i am to listen, read or believe in........???~?~bluur, bluur liao.
Just FYI (more info)
Prime condo prices heading for long, gentle decline
(SINGAPORE) The prices of condos and private apartments in the Core Central Region will inch downwards and are unlikely to touch their recent peaks for almost the next four years, a model developed by Cushman & Wakefield shows. Any rebound is likely in 2012.
(Business Times- sources)
Just sharing my tot.....Look like low-end and mid-end property market is not going any where Up or down..?. Buy is waiting in to buy lw, low, while seller is waiting to sell high,high, with the lowering of selling prices. it is obvious that waiting out to ride over property market is wearing thin for developers as high-end market is lossing it steam. This 2nd half year is very pesitmistic, those wishes to sell, dun waiting further, those waiting to buy seem more optimistic as more develop offer at lower prices.
China property market set to cool (Beijing)
Developers face credit squeeze, falling sales and lower prices. In Beijing, (Thurs) Capland chief Mr liew said in an interview (Bloomberg source), S'pore low-end homes prices is holding up.
(SINGAPORE) Developers are getting ready to release mass- to mid-market condos, encouraged by the response to modestly-priced developments recently.
Vietnam. Keppel Land, CapitaLand, Guocoland, Fraser & Neave, Allgreen and Chip Eng Seng are six developers with residential projects in Vietnam, said BNP Paribas, and Keppel Land has the largest exposure with about US$7 billion of project value.
Here last Friday traded prices in STI. (Jusy FYI) Play of the week..Kepland shares falter on weak property market, has falling 13ct, or 4.66% this week and off 29.3% this year.
| UOL | -- | -- | 3.640 | 3.570 | -0.100 | -2.7 | 1,646,000 | 53,000 | 3.570 | 3.590 | 11,000 | 3.680 | 3.560 |
| Capitaland | -- | -- | 5.800 | 5.800 | -0.050 | -0.9 | 8,957,000 | 315,000 | 5.800 | 5.810 | 10,000 | 5.880 | 5.760 |
|
CDL, is the big developer for Shelford Suites has also beginnig to start previewing for its 77 units, has delay for month before deciding to lower it slaes price. while Dakota Residence is develop by Ho bee Investment and NTUC Choice home.
Straits Times Money Page headline (back page) June 12,2008 - Thurs.
Prices of some new properties coming down. Move may signal of months-long stand-off between buyers and sellers.
Shelford Suites (near Shelford rd??) Sold in March for $1,869 psf = $1,905 psf. Current price: $1,600/-
Dakata Residences. planned price $1,000 psf - $1,100 psf. Current price: $950 psf.
"Developers will have to continue to reduce prices if ihey want to maintain sales, as many projects are still out of the reach of owner-occupiers.
Teeth53
This one oil crisis.???. Obama Vs Mccain...must be able to sit down and talk to Iran.
http://money.cnn.com/2008/06/09/news/economy/candidates_energy/index.htm
teeth53 ( Date: 11-Jun-2008 23:49) Posted:
|
This one will slowly but surely slow world economic...into recession, unless Ben Benanke do something about it...The FED chief. and Sing $ is growing stronger each day, should be able to weather d storm.
Oil spikes, stocks slide
Wall Street slumps as oil and gas prices rise, dollar falls and bond prices jump
1st..is US Sub-prime credit crunch, the CDO...many banks (established bankers) lost alot $$$...needed LKY/GIC and Temasek's, then come credit squeeze and now local banks increases in rate by one(1)% to 3.98%, die lah, (oil..?), many can still buy new car and bigger car, S'pore is a rich playground for the rich, within 7 hours of flying times.
or by crude oil n commodities' prices???
Isit truth property market be hit badly by stock decline?, as bank started to be more care in lending $$$ with a one (1)% rate increases, this may even pull down or halted some buyers to be more wary, certainly look that way, down B4 going up.
teeth53 ( Date: 10-Jun-2008 09:37) Posted:
|
dun think so....dow, hsi , nikkei n others cud.
Weakness abound.....will property sector drag STI down to test 2800 soon???
Along with financial, property will serve as double whammy....
Just FYI: No more cheap mortgages as banks raise rates bt 1% to 3.98% amid a slowing property market and uncertain economic outlook. banks are facing "ïncreased credit risks on housing loans" and another news indicated of weak properties sales ahead.
Stalemate over prices leads to lowest auction sales in 10 years on dismay slaes of oni 31 properties were sold (auction off) compare to last year of 108 properties sold for the same period.
Straits Times News..page 3- prime, today (Wed) June 4, 2008.
The Incredible Shrinking Condo (I m living in HDB flat anyway), as construction cost kept going up, a tiny studio under construction near Farrer Park may well be the smallest private apartment built in S'pore (13units). The units - part of Kent Residence in Kent Road, space size 312 sq ft, the size of half of squash court is target at young single and property investors..anyone interested?. (Just FYI)
Thk to property boom at the high in 1996,Unit build is getting smaller n smaller and price getting higher n higher, today most are built by boutique developers n have under 100 units, selling for $1,000 to $1,600 psf
teeth53 ( Date: 04-Jun-2008 09:23) Posted:
|
Straits Times News...Headline back page today (Wed) June 4, 2008.
Developers turn landlords as property market stays (Remain) quiet. Win-win deal Developers with projects held back, frim lease out units bought in collective sales. If developers were to launch their projects now. it may be difficult for them to reach their target selling sales price.
the property may have come down from the peak, but still sustainable at this point as the rental yield is still good, especially those in the central areas. talked to few agents and they shared the same opinion, the resale market is quiet bcos there is price gap between buyer and seller, that probably shows that buyers still have some holding power, let's wait and see for the next few months, stock market will be playing a crucial role as well.