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Property bubble to burst soon

# WEALTH   ALREADY  TRANSFERRED #

TO:

-  LAND AUTHORITY  in  BUBBLED PRICE TENDERS

- TAX AUTHORITY in HIGH TAXES on  BUBBLED VALUATION

# ONE-HOUSE OWNERS PAYING HIGHER TAXES  ON  BUBBLED  VALUATION#

#TRAPPED  FOREVER  AND  CANNOT  CHANGE  LIKE OBAMA#

- PUBLIC HIGH OFFICIALS in  HIGH SALARIES  &  INCENTIVES

- DEVELOPERS  in  BUBBLED PROPERTY  PRICES

- AGENTS in  HIGH  COMMISSIONS  on  BUBBLED  PRICES

- LAND LORDS  in  BUBBLED RENTS

- HOTELS  in  BUBBLED  ROOM  RATES

- ? ? ? ?

ozone2002      ( Date: 31-Mar-2010 10:51) Posted: transfer of wealth is coming..

 

Nonsense and no way! Big correction not until another 8 more years to go for Asian region property!

tankuku      ( Date: 31-Mar-2010 10:38) Posted: Acording to property expert in Hong Kong, s'pore property had reach the maximum with bubble forming and over pricing. With the econonic fundamental remain the same as weak, property price should move down instead of going up, with HDB price up by 40% and private property price up by 35% over a period of 3 years. All up prices are due to speculation. With the s'pore govenment intervention, it shows that bubble had already form and gov will take further action to cool the propety market. Expert claim that the market should stabilise for short term but may adjust down in the long run. Example some had brouht the recently launch 99 yrs Koven Resident (1200 sf) at over S$1 million. So adjustment of 5% down will cost a lost of $50 000, plus bank loan interest and stamp duty, easily lost $200 000. So please do a proper calculation before investment in the hot property market. Good luck.

 

CAPITALAND ?

KEPPEL LAND ?

CAPITALMALL ?

SUNTEC ?

CAPITAL MALL ASIA?

? ? ? ?

tankuku      ( Date: 31-Mar-2010 10:38) Posted: Acording to property expert in Hong Kong, s'pore property had reach the maximum with bubble forming and over pricing. With the econonic fundamental remain the same as weak, property price should move down instead of going up, with HDB price up by 40% and private property price up by 35% over a period of 3 years. All up prices are due to speculation. With the s'pore govenment intervention, it shows that bubble had already form and gov will take further action to cool the propety market. Expert claim that the market should stabilise for short term but may adjust down in the long run. Example some had brouht the recently launch 99 yrs Koven Resident (1200 sf) at over S$1 million. So adjustment of 5% down will cost a lost of $50 000, plus bank loan interest and stamp duty, easily lost $200 000. So please do a proper calculation before investment in the hot property market. Good luck.

 

will this affect the property shares price...

 

thanks man!!I thought so too and that just confirm it.

 

transfer of wealth is coming..

 

Acording to property expert in Hong Kong, s'pore property had reach the maximum with bubble forming and over pricing.

With the econonic fundamental remain the same as weak, property price should move down instead of going up, with HDB price up by 40% and private property price up by 35% over a period of 3 years. All up prices are due to speculation.

With the s'pore govenment intervention, it shows that bubble had already form and gov will take further action to cool the propety market.

Expert claim that the market should stabilise for short term but may adjust down in the long run.

Example some had brouht the recently launch 99 yrs Koven Resident (1200 sf) at over S$1 million. So adjustment of 5% down will cost a lost of $50 000, plus bank loan interest and stamp duty, easily lost $200 000.

So please do a proper calculation before investment in the hot property market.

Good luck.