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no.. I think too high liao
icetomato ( Date: 01-Dec-2010 23:17) Posted:
Buy GAR tomorrow? Probably not esp if gap up. You buying??
cannotfind ( Date: 01-Dec-2010 23:07) Posted:
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Is it a good idea to buy capitamall and noble tmr? Or too late to hop on the boat already? Like maybe buy tmr sell fri? Or if reach tp then sell?
Buy GAR tomorrow? Probably not esp if gap up. You buying??
cannotfind ( Date: 01-Dec-2010 23:07) Posted:
you also buy tomorrow?
icetomato ( Date: 01-Dec-2010 23:03) Posted:
| Wow then GAR will be Best Recovery Counter Awar |
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BT.. capitamall close at 1.91 leh.. right below the 200 ema ... if 2molo break 1.91 than can buy?
I thought of it too but how to dampen his shorting spirit...
Thank u USD for declining starting from today, finally. The RSI has been way overbought on USD index. Can u imagine people stashing USD (becos of Europe's turmoil)? Its like flight to another deep, dark hole.
Tonight, i can watch my channel U show peacefully. Lol
BullishTempo ( Date: 01-Dec-2010 22:59) Posted:
Provided Gar does not gap above 0.75 at opening.
iPunter ( Date: 01-Dec-2010 22:56) Posted:
As long as baobei Gar-Gar touches .75, I will be out with 1c loss... 
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Now USA 200 pts more... why sell so early today? still got 3 days to play :(
I think I will buy GEN again
you also buy tomorrow?
icetomato ( Date: 01-Dec-2010 23:03) Posted:
Wow then GAR will be Best Recovery Counter Award
cannotfind ( Date: 01-Dec-2010 23:00) Posted:
| can meh? you buy tomorrow |
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Sold half last week. still left half
cannotfind ( Date: 01-Dec-2010 23:04) Posted:
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ha? You said you sold already then suddenly got....
firewood ( Date: 01-Dec-2010 23:03) Posted:
I hope, dunno can or not. The higher the better. I bought last week at quite high :(
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Dec. 1, 2010, 6:29 a.m. EST
Asian stocks reverse course to end higher
Stocks tied to the commodity sector rise
By V. Phani Kumar, MarketWatch
HONG KONG (MarketWatch) — Asian stocks ended mostly higher after a choppy session Wednesday, as a fall in the U.S. dollar against several major currencies helped improve investors’ appetite for risk, while commodity shares pushed higher.
China’s Shanghai Composite (CN:SHCOMP 2,823, +3.27, +0.12%) rose 0.1%, its first advance in four trading days.
Japan’s Nikkei Stock Average (JP:NI225 9,988, +51.01, +0.51%) rose 0.5%, Hong Kong’s Hang Seng index (HK:HANGSENG 23,250, +241.81, +1.05%) added 1.1% and Australia’s S&P/ASX 200 (AU:XJO 4,587, +2.20, +0.05%) edged up 0.1%, with each benchmark overcoming losses suffered earlier in the day.
Taiwan’s Taiex gained 1.8%, South Korea’s Kospi climbed 1.3% and India’s Sensex(XX:SENSEX 19,850, +328.75, +1.68%) rose 1.5% in afternoon trade.
ha? You said you sold already then suddenly got....
firewood ( Date: 01-Dec-2010 23:03) Posted:
I hope, dunno can or not. The higher the better. I bought last week at quite high :(
cannotfind ( Date: 01-Dec-2010 23:00) Posted:
| can meh? you buy tomorrow |
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I hope, dunno can or not. The higher the better. I bought last week at quite high :(
cannotfind ( Date: 01-Dec-2010 23:00) Posted:
can meh? you buy tomorrow?
firewood ( Date: 01-Dec-2010 22:57) Posted:
i hope it touch .78 tmr again keke
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Wow then GAR will be Best Recovery Counter Award
cannotfind ( Date: 01-Dec-2010 23:00) Posted:
can meh? you buy tomorrow?
firewood ( Date: 01-Dec-2010 22:57) Posted:
i hope it touch .78 tmr again keke
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can meh? you buy tomorrow?
firewood ( Date: 01-Dec-2010 22:57) Posted:
i hope it touch .78 tmr again keke
iPunter ( Date: 01-Dec-2010 22:56) Posted:
As long as baobei Gar-Gar touches .75, I will be out with 1c loss...
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Its like ipunter expert is not scared one... very de diehard shortist. Must be one sharp shooter
BullishTempo ( Date: 01-Dec-2010 22:54) Posted:
Cut loss on Golden Agri ! Hope you didn't short too much...
iPunter ( Date: 01-Dec-2010 22:50) Posted:
| Maybe STI may gap up tomorrow... |
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Provided Gar does not gap above 0.75 at opening.
iPunter ( Date: 01-Dec-2010 22:56) Posted:
As long as baobei Gar-Gar touches .75, I will be out with 1c loss...
BullishTempo ( Date: 01-Dec-2010 22:54) Posted:
Cut loss on Golden Agri ! Hope you didn't short too much... |
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The calm after the storm
Generally, after a severe storm, people will emerge from their shelters to survey the damage and aftermath of the storm. Then
slowly, depending on the damage infl icted by the storm, life will gradually return to the way it was. Likewise, life is returning to the
residential property market after the cooling measures introduced by the government at the end of August this year.
In September, both homebuyers and developers were uncertain about the medium term effects of the cooling measures. Some
property owners were concerned of the adverse impact. On the other hand, some homebuyers who had yet to make any purchases,
were hoping that property prices will start to fall. So many market participants stayed on the sideline, resulting in lower number of
units launched and sold in that month.
However, in the following month, the strong level of liquidity in the market, coupled with some developers rushing to launch their
projects before more uncertainties emerge, actually increased the sales volume in October.
Developers in Singapore launched a total of 2,049 homes for sale in this October, which is almost double number of homes launched
in the previous month. They also reportedly sold 1,587 homes in October, which is 74% more than in September. On the surface, it
appeared as if the August cooling measures were ineffective.
However, further analysis shows that about half of the residential units launched and one-third of the units sold were from two
separate Executive Condominium (EC) projects that were newly opened for sale in October. About 425 units out of a total of 573
units at Esparina Residences executive condominium exchanged hands at a median price of $761 psf. Over at Yishun Avenue 11, the
406-unit EC project named “The Canopy” sold 104 units at a median price of $658 psf. Many of the homebuyers were fi rst-time
buyers and the 3-bedroom units were the most popular apartments.
The launch of these two EC projects signaled the return of EC to the local property market after an absence of more than fi ve years.
The previous EC project launched was the 444-unit La Casa, which was launched in May 2005.
Executive Condominiums are popular with homebuyer when the price gap between HDB resale fl ats and private properties widen.
Most of the EC buyers are fi rst-time homebuyers as they will receive certain government assistance, such as the $30,000 housing
grant. However, EC is a hybrid between private and public housing. Physically, they are like most 99-year leasehold mass-market
condominiums and are equipped with facilities such as swimming pools, function rooms, other recreational facilities, private car park
and security. However, buyers are subjected to HDB public housing regulations and are not allowed to sell or lease out their EC unit
in the fi rst 5 years after completion. Therefore they are meant for owner-occupation and not for short-term investment.
Excluding the two EC projects, the primary market sale in October was a more modest 1,058 units, which were only 147 units more than
the sales in the previous month. In the suburban areas, primary market sales excluding the EC projects, fell about 25% month-on-month
to 452 units in October. This is partly because the EC projects were absorbing some of the demand in the private mass-market sector.
However, activities in the high-end segment had recovered to levels before August as buyers started to venture back into the market.
In the prime Core Central Region (CCR), the launch and sales activities jumped three-fold to four-fold in October. The launch of major
projects like the 150-unit Glyndebourne and the 118-unit Suites at Orchard contributed to the 335 units sold in the prime districts.
At the city-fringe, the sales level increased marginally from 226 units in September to 271 units in the following month. One of the
bigger projects launched in October was the 250-unit Cityscape at Farrer Park at $1,470 psf.
Despite the cooling measures, home prices were still increasing gradually. According to the price indices prepared by the NUS
Institute of Real Estate Studies, private home prices in the prime central area of Singapore increased steadily by 0.6% month-onmonth
(mom) in both August and September 2010. But home prices in the non-central area rose by 1.6% and 1.4% mom in August
and September respectively. This illustrated that property prices in the suburban areas were increasing faster than those in the
prime districts, but at a declining pace.
Demand for landed housing will remain robust
In late-October, some small developers demonstrated their confi dence in the landed housing sector during the government auction
of 14 land parcels at Sembawang Greenvale. The sizes of the land parcels ranged from 5,200 sq ft to 40,900 sq ft and they were all
zoned for landed housing development. Located at the northern part of Singapore, these 99-year leasehold land parcels were not
conveniently located near any MRT station. Although some of the sites are located near the sea, Sembawang Greenvale is not exactly
Sentosa Cove.
However, the strong price growth of landed properties in the past one and a-half year demonstrated that demand for landed housing
had outstripped supply. Since the average price of landed housing reached the bottom in mid-2009, it had increased by about 55%.
As the Singapore population is expected to continue to expand in the coming years, especially through immigration, the robust
demand for landed housing is expected to be sustained.
Therefore, some of the developers were willing to pay between $443 and $640 for each square foot of vacant land at Sembawang
Greenvale. Most of the 14 land parcels were designated to be developed into 4 to 9 terrace houses each. Based on the land price at
the auction, some of these terrace houses could be sold at about $2 million to $2.4 million each when they are developed.
Outlook
The recent cooling measures were meant to stabilize the residential property market and level the playing fi eld for fi rst-time
homebuyers. They were not meant to cause home prices to decline. Falling home prices can hardly constitute a stable property
market. Therefore, the rebound in buying activities in October did not indicate that the government measures had failed. In addition,
the measures, coupled with the Government Land Sale Programme, still need time to have a medium-term effect on the market.
Hence, it is still too early to reach a verdict on the August measures.
In its attempt to prevent a property bubble, the Government had to strike a delicate balance between introducing measures that are
too lenient and ineffective and being too heavy-handed that could result in the collapse of the market. One only needs to recall the
aftermath of the May 1996 anti-speculation curbs. Thus, it is unlikely that the government will introduce more cooling measures in
the next few months.
However, the authorities will be closely observing the effects of high level of liquidity on the property market. The monetary easing
by the US government would lead to more funds fl owing into Asia. Some of these funds could fi nd their way into the local property
market. If the result is a sharp appreciation of property prices, the recent cooling measures would not be the last.
By Nicholas Mak
Mr Nicholas Mak is a veteran in the real estate market with experience of more than 10 years in the areas of research, consultancy
and business development. Mr Mak is currently the Executive Director of the Research & Consultancy Department of SLP
International Property Consultants. Besides conducting research, he provides real estate advisory services to government
statutory boards, real estate funds, developers and financial institutions.
Americas
| INDEX | VALUE | CHANGE | OPEN | HIGH | LOW | TIME |
|---|
| DJIA INDEX | 11,175.00 | 179.00 | 10,987.00 | 11,185.00 | 10,975.00 | 09:41 |
| S&P 500 | 1,198.80 | 19.20 | 1,177.00 | 1,199.70 | 1,176.50 | 09:43 |
| NASDAQ 100 | 2,160.00 | 43.00 | 2,111.25 | 2,162.00 | 2,111.25 | 09:42 |
| S&P/TSX 60 | 748.50 | 7.90 | 748.50 | 749.00 | 744.10 | 09:33 |
| MEX BOLSA | 37,225.00 | 371.00 | 37,150.00 | 37,370.00 | 37,150.00 | 09:33 |
| BOVESPA | 69,400.00 | 1,287.00 | 68,940.00 | 69,435.00 | 68,910.00 | 09:38 |
i hope it touch .78 tmr again keke
iPunter ( Date: 01-Dec-2010 22:56) Posted:
As long as baobei Gar-Gar touches .75, I will be out with 1c loss...
BullishTempo ( Date: 01-Dec-2010 22:54) Posted:
Cut loss on Golden Agri ! Hope you didn't short too much... |
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As long as baobei Gar-Gar touches .75,
I will be out with 1c loss...
BullishTempo ( Date: 01-Dec-2010 22:54) Posted:
Cut loss on Golden Agri ! Hope you didn't short too much...
iPunter ( Date: 01-Dec-2010 22:50) Posted:
| Maybe STI may gap up tomorrow... |
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Oh God, I think I sell to early!!! :~(
