yA lOr!!!

mUz b hIs/HeR kEybOaRd gOT pRobLeM... oR hIS pC/lAptOP mAdE iN tAiwAN?

('',)

Dear Pharoah88,

wHy dO yOu typE likE thiS?  it'S verY harD tO rEAd yOUr pOsts.

CHiNA has 30 years Lease-Hold  residential  properties.

because  Of  the  shOrter  leases,  it is gOOd  market  fOr  develOpers.

KepLand  is a  develOper.

Singapore Land Authority  LEARNT  frOm  CHiNA  and iNtrOduced  the  60 year  lease  fOr  private  prOperties  iN  Singapore (ten years agO).

Singapore developers at that time were nOt  familiar  with  this cOncept and refuse tO bite.

nO  BiD  fOr  the 60 year lease land  and  Singapore gOvernment abandOned  that  DREAM  tO enRiCH  themselves  LiKE  iN CHiNA.

shOrter lease may nOt wOrk  iN  Singapore because  mOre  buyers  may  SHiFT  tO  JB  fOr  cheap  FREEHOLD  prOperties  WHiCH  are nOt  availabe  in  hOng  kOng.

I am not sure of this, may be some proprety guys can comment?  But i heard that those Flatted facotry (30 over yrs) got extended by government before though, i dont know exactly how .  Need some property experts to comment.  :)

China's property is only 77yrs  leashold depend on district. Though its government is looking into lengthening the yrs of ownership, but, it takes a while.    Unless staying there or doing business there, otherwise, is it wise to invest property in china at this moment.?

The FAINT in SPAIN started twO DECADES agO.

iT was Only a small RAIN.

16 EurOpeans thOught they ALL cOuld GAIN a lOt by getting intO an uniOn.

MAIN benefits are fOr  thOse whO fly arOund and eat and party during all the meetings which never resOlve any prOblems.

STAINTS remain in all 16 EEC members.

Always PAINT a bUsy PiCTURE but actually nOthing iS dOne.

fOr twO DECADES, everything was iN VAIN.

Over TiME the NiCE PAINT in SPAIN became its PAINS....

crazy_fave      ( Date: 02-Mar-2010 17:50) Posted: "The Pain in Spain"   While all eyes have been on the Greek tragedy that is playing out in Europe, Spain could prove to be the spoiler of whether or not the 16-nation currency stands or falls. Spain , with the fourth-largest euro zone economy, is grappling with big debts, a yawning budget deficit and a deflating housing bubble.     John Stephenson - Money Focus Editor.     READ JOHN'S NEW BOOK       A potent combination of too much spending and too little saving and investment have put Spain between a rock and a hard place. As part of the European monetary union, Spain can't devalue its currency to make its exports more attractive or its beach resorts cheaper since the value of euro is largely driven by the much-larger German economy.   But unlike Greece , which experienced runaway government spending, Spain 's government had been running surpluses until the last few years. But in Spain it was the private sector that went on a debt-fuelled bender that has hobbled the economy and left Madrid with few options out of the crisis.   Because of the massive spending by the private sector, Spain now faces a total debt of $4.9 trillion, or around 342 percent of GDP. This is a higher percentage of total debt than that faced by the U.S. or most other major economies. The only major economies with higher total debt burdens are Britain and Japan .   At the center of the crisis are millions of unemployed Spaniards and a deflating housing bubble. The unemployment rate is 19% and among young people it is running close to 45 percent. In the last two years, one in nine working Spaniards have lost their jobs.   Full employment in Spain has proved illusive. Even in good times, unemployment never got below about 8 percent. The Spanish employment market is deeply flawed. Wages are set through a complicated system of negotiating in this highly unionized country where wage increases are often foisted on companies whether or not they can afford them. Many workers are hired on so-called indefinite contracts and are entitled to 45 days of severance per year of service. This has led to labor market rigidity that will likely act as a drag on future economic growth.   Spanish house prices more than doubled from 1998 to 2008. And at the peak, Spain , a country with just 45 million people, was building more houses than Germany , Italy and France combined. Already, house prices are off more than 15 percent from their highs and there are more than 1.3 million homes unsold.   The Spanish government is left with three unpalatable choices forward. They could choose to do nothing and wade through years of debt defaults and shy-high unemployment. They could slash spending and try to overhaul the badly flawed labor market or they could withdraw from the common currency and try and devalue the Spanish peseta.   The problem with abandoning the euro is that this is a very costly route. The minute the Spanish government even hinted at leaving the monetary union, a likely run on Spanish banks and an effective default of every euro financial contract in that country would occur.   Already, the market is betting that Spain will continue to face tough times. The cost of insuring against a Spanish default has begun to rise. Just three years ago, you could insure €10 million in Spanish bonds for a five year period for just €2,350. Today, that same insure will cost €125,000 or more—a fifty-threefold increase.   Investors, worried about a possible collapse of the euro zone, should avoid European investments for the time being. Instead, there are better investment opportunities in the resource-rich economies of Canada and Australia , whose growth is tied to global growth. John Stephenson Money Focus Editor

 "When the market is rising, diversification increases profit; and vice versa."

4. EZRA(S$2.43, up from S$2.36),

5. First REIT(S87c, up from 86c),

10. Noble(S$3.39, up from S$3.31),

Add F&N(S$4.49, up from S$4.41)),

Golden Agri (64, up from S60c,

UPP(S17.5c, up from S16.5c)   and

Wilmar(S$7.12 up from S$6.92).

I wish all who look at my postings would get/have gotten an early fat ang pow(red packet) this year! 2010 huat ah!