Comments on: Property Prices Are Too High

By: cold cold

cold cold — Sun, 27 Nov 2011 14:07:12 +0000

ministers aren’t oracles. there’s one who said flash floods come once every 50 years. do you believe him? mah bow tan also said flats are affordable, so why did khaw boon wan contradict him with cooling measures?

By: nittendou

nittendou — Sun, 27 Nov 2011 12:44:27 +0000

Where will the price head for in 2012?Interesting that the postings in 2010 habe cried foul of the price increase. No sign of drop yet thus far. Sigh!

By: Hot hot

Hot hot — Mon, 25 Jul 2011 13:11:24 +0000

Today the Minister’s remarks that the property market will “stabilise” in 3 – 5 years’ time from now, means that the huge majority of ppl here are wrong.

If the market is only going to “stabilise” & not cool down, then basically that means there will not be any correction !

By: iskandar2

iskandar2 — Mon, 18 Apr 2011 10:14:44 +0000

i already buy iskandar property. quick buy like me, or buy from me !!

By: iskandar

iskandar — Fri, 15 Apr 2011 14:11:37 +0000

hey, 16% here are already wrong. after 1 year anniversary, prices are still increasing.

tot the SG govt plan was expand to malaysia & develop iskandar http://www.asiaone.com/print/News/AsiaOne%2BNews/Singapore/Story/A1Story20100920-238187.html

By: humble

humble — Fri, 17 Dec 2010 02:51:42 +0000

Have to stop this evil bubble from getting bigger and wiping all your cpf/saving away. One can consider migrate for good. Sg is not so safe afterall. Look around Sg neighbours. Who can she trust?

By: rainy

rainy — Tue, 06 Jul 2010 01:42:40 +0000

i think it’s not a good idea to have the bulk of one’s cash locked into the residence property, not least because it’s hard to get back the cash (even after selling, you gotta buy another for staying).

since interest rates are low, i would not be in a hurry to repay my housing loan and instead i will find good investment opportunities – not in property as property prices are at all time high, but in stocks as stock prices around the world are still very much volatile.

property is a strange thing. the world economies are obviously still not doing well and yet you see record prices in asia, no thanks to unprecedented pump priming and quantitative easing meted out in unison during the lehman crisis. it’s a side effect.

By: ys

ys — Mon, 05 Jul 2010 17:26:46 +0000

Hi Sunny, welcome back. I calculated you paid up $165K in about 3.5 yrs, so that’s approx. $4K per month. Amazing.
I just bought a HDB flat and am slowly paying the housing loan (I didn’t have your foresight to buy in 2006).

By: Sunny

Sunny — Mon, 05 Jul 2010 10:42:16 +0000

I post my story here just to share with others that if you really want to own your shelter, it is still doable!

By: Sunny

Sunny — Mon, 05 Jul 2010 10:34:05 +0000

I am 39 years old now. Been here in 1998. Almost bankrupt in 2002. Why I still borrow money from my parents? I did not!
They force me to accept the money! They think this is the better way to spend the money.
Yes, I finally own my base and the nest move is to invest more or to start my own business again.