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DJ Singapore Pte Ppty Prices Fall 4.7% In 2Q Vs 1Q
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upforever
Member |
24-Jul-2009 14:50
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I will not invest in property unless I have a spare cash (after investing in bluechips). Property to me is for live in, not for average person to invest, hoping to get some returns. I have a friend who has just sold his 1M property and barely made 10K. Imagine the hussle he has to go thru. With 1million dollars at stake, I can get a better return investing in stocks. Cheers... |
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ozone2002
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24-Jul-2009 14:46
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AMK launchin @ $1100 psf??????????????????????? they still living in 2007? | ||
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erictkw
Veteran |
24-Jul-2009 14:45
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I think this weekend got 2 new condo launches near MRTs. Don't seem cheap especially the AMK one. Will shed more light after this weekend's response. | ||
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nickyng
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24-Jul-2009 14:43
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well....that 1st love will cause them dearly !! :D slave for life perhaps !! :D
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ozone2002
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24-Jul-2009 14:30
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S'poreans 1st love is property..how to let go of 1st love.. | ||
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nickyng
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24-Jul-2009 14:25
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hmm....wonder those KIASU... KIASI...still queueing for property launches?? hee...never learnt their lesson b4 :P SINGAPORE (Dow Jones)--Singapore's private-residential property prices fell 4.7% in the second quarter from the previous three months, decelerating from the first quarter's 14.1% tumble, the government said Friday. Earlier this month, the Urban Redevelopment Authority said prices fell 5.9% in the second quarter based on data for the first 10 weeks of the period. It was the fourth consecutive quarter that prices have fallen in the island, which saw the property sector boom for three years until the financial crisis hit in early 2008. The pace of the drop, however, has slowed, with many developers recently reporting robust sales of new projects as buyers take advantage of the lower prices. The government said prices of office properties fell 3.9%, shop properties 1.4% and industrial properties 4.5% in the second quarter. -By Patricia Kowsmann, Dow Jones Newswires; 65 6415 4157; patricia.kowsmann@dowjones.com |
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