Jump to content
Find Professionals    Deals    Get Quotations   Portfolios

congee

Members
 View Profile  See their activity

  • Content Count

    77

  • Joined

  • Last visited

Posts posted by congee

  2. Posted

    EM is a good investment? Could it be the next HYDC that can be privatise?

    From http://www.propertyguru.com.sg/property-management-news/2012/10/34441/prices-of-exec-maisonettes-to-rise-further

    The few remaining executive maisonettes (EMs) in Singapore will likely see further price rises as the government does not intend to build such properties anymore, analysts said.

    Recently, these properties which are quite rare created much buzz for fetching record-high prices, in particular a unit in Bishan.

    In fact, four out of eight units sold this year that breached the S$900,000 mark were EMs, reported The Straits Times.

    The large two-storey units have become highly desirable in the past few years thanks to the rising price gap between HDB flats and private property, and a wave of collective sales that have encouraged wealthy buyers to look for bigger units.

    But the Housing and Development Board (HDB) stopped building these flats, which are sized between 138 and 243 sq m. In total, there are 65,000 executive flats, of which EMs form one group.

    Due to sky-high prices of EMs, MP Gan Thiam Poh (Pasir Ris-Punggol GRC) asked if the housing board would continue building them.

    Last Tuesday, National Development Minister Khaw Boon Wan said that his Ministry will no longer build EMs because executive condominiums (ECs) offer a wider range of housing options for Singaporeans.

    However, according to Mr Gan, “if they don’t build any more, prices for this particular type of flat will keep rising”.

    Colin Tan, Research Head at Chesterton Suntec International, said that the scarcity of EMs will continue to boost their prices. He also predicted that these homes “will follow the path of HUDC units”.

  3. Posted

    Congulates Guys,

    Your EM is reaching a point to turn into GOLD!!

    From http://www.propertyguru.com.sg/property-management-news/2012/10/34441/prices-of-exec-maisonettes-to-rise-further

    The few remaining executive maisonettes (EMs) in Singapore will likely see further price rises as the government does not intend to build such properties anymore, analysts said.

    Recently, these properties which are quite rare created much buzz for fetching record-high prices, in particular a unit in Bishan.

    In fact, four out of eight units sold this year that breached the S$900,000 mark were EMs, reported The Straits Times.

    The large two-storey units have become highly desirable in the past few years thanks to the rising price gap between HDB flats and private property, and a wave of collective sales that have encouraged wealthy buyers to look for bigger units.

    But the Housing and Development Board (HDB) stopped building these flats, which are sized between 138 and 243 sq m. In total, there are 65,000 executive flats, of which EMs form one group.

    Due to sky-high prices of EMs, MP Gan Thiam Poh (Pasir Ris-Punggol GRC) asked if the housing board would continue building them.

    Last Tuesday, National Development Minister Khaw Boon Wan said that his Ministry will no longer build EMs because executive condominiums (ECs) offer a wider range of housing options for Singaporeans.

    However, according to Mr Gan, “if they don’t build any more, prices for this particular type of flat will keep rising”.

    Colin Tan, Research Head at Chesterton Suntec International, said that the scarcity of EMs will continue to boost their prices. He also predicted that these homes “will follow the path of HUDC units”.

  6. Posted

    <!--quoteo(post=595247:date=Dec 8 2010, 10:04 AM:name=congee)--><div class='quotetop'>QUOTE (congee @ Dec 8 2010, 10:04 AM) <a href="index.php?act=findpost&pid=595247"><{POST_SNAPBACK}></a></div><div class='quotemain'><!--quotec-->QE3 coming.. more hot money, in the end $ is not worth anything, asset is the way to go..... <img src="http://www.renotalk.com/forum/public/style_emoticons/<#EMO_DIR#>/paint.gif" style="vertical-align:middle" emoid=":paint:" border="0" alt="paint.gif" /><!--QuoteEnd--></div><!--QuoteEEnd-->

    So far, price still didn't drop and no sign of depreciation. <img src="style_emoticons/<#EMO_DIR#>/dancingqueen.gif" style="vertical-align:middle" emoid=":dancingqueen:" border="0" alt="dancingqueen.gif" />

    SOLD! Before GE and 2012

  10. Posted

    Rosyth Primary 282

    Tao Nan 279

    Coral Primary 278

    Red Swastika 278

    Pei Chun 278

    RGPS 276

    St Hildas 276

    Keming 276

    Nanyang Primary 276

    NanHua 275

    Nan Chiau 275

    Si Ling 275

    Maha Bodhi 275

    Kong Hwa 274

    Henry Park 274

    Canberra Primary 274

    St Joseph's Institution 274

    Compassvale Primary 274

    SouthView 273

    Northland 273

    Queenstown 273

    Jie min 273

    Bukit Timah 272

    ACSJ 272

    St Margaret Primary 271

    Shu Qun 271

    Catholic High 271

    Fu Chun 271

    Temasek 271

    Mee Toh 271

    CHIJ Kellock 271

    Chong Fu 270

    Ai Tong 269

    Naval Base Primary 269

    River Valley 269

    Poi Ching 268

    Elias Park 267

    Maris Stella 267

    Kuo Chuan 267

    Hougang 267

    Admiralty Primary School 266

    Mayflower 266

    Holy Innocent 266

    Zheng Hua Primary 264

    Woodlands Ring 263

    Edgefield 260

    Pioneer 260

    Standard drop liao

    Watz standard drop liao? Wat' z your personal standard ? 290 ? all these children are great!

  12. Posted

    US money printing machine is working very hard.... 2012 year of financial prop market crashes? or end of the world?

    I am coming out by then..

    I am glad our garment is a responsible one, unlike US. If we follow the US QE, or QE2 what is happening?

    SIngpaore print more money, S$ goes down, National reserve grow, inflation up, people money shrink, jobless people poorer.

    Pray hard the QE2 works for the global. Will China stand up as the new leader in the world?

  17. Posted

    Don't heee hee heee so loud le, don't know OBM will still keep printing money or not, also don't know HDB will keep builting BTOs/EC/DBSS, HDB/URA/SLA keep releasing lands out for building private pty.

    Make sure LKY in good health, LSL can steer the vehicle steadily slowly uphill, no downhill please, make sure be the first to jump out if downhill drive, as acceleration keep speed increasing.

    Sentitmental drive the market. When every one see and scare, this is a good time to buy. When Everyone chiong, i sell...

    An asset buying is a long term inverstment?

    It is time for me to consider to sell liao, 2012 ? remember?

  23. Posted

    HDB receives no bids for Jurong West residential site

    By Jonathan Peeris, Joanne Chan | Posted: 12 August 2010 1826 hrs

    Photos 1 of 1

    SINGAPORE : Despite Singapore's property market seeing a boom, the Housing and Development Board (HDB) has received no bids at the close of the tender for a residential site at Jurong West Street 42 on Thursday.

    The land parcel has a land area of over 16,800 square metres and a maximum gross floor area of about 50,445 square metres.

    The site is slated for Executive Condominium housing and has a lease period of 99 years.

    It was launched for public tender on July 2 and closed at noon on Thursday.

    Analysts said developers are spoilt for choice as the government has been releasing a lot of land.

    Nicholas Mak, lecturer, Real Estate, Ngee Ann Polytechnic, said: "There are also growing concerns that there could be a growing oversupply due to the large amount of land that the government is offering for sale in the present government land sales programme.

    "In addition, there is also the characteristic of this site, which is that it's not within comfortable walking distance to the nearest MRT station."

    The second half of this year will see 27 residential sites and 4 mixed-use sites put up for tender via the government land sales programme.

    The 31 sites are expected to yield nearly 14,000 private residential units. This is the highest potential supply for any half-yearly period since the Confirmed and Reserve Lists system started in 2001.

    - CNA/al

    Ya lor. So much land to offer, buying condo today is bo hua....

×