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How To Burst The Property Bubble

Featured Replies

Other than waiting and waiting and waiting....

wat else can we do?

Basically we cant do anithing..Now the market is going crazy,just asking for a resale flat at jurong west st 41 near to lakeside the COV asking more than 60k.The only solution is to move out of sillpore to msia...heehee

Basically we cant do anithing..Now the market is going crazy,just asking for a resale flat at jurong west st 41 near to lakeside the COV asking more than 60k.The only solution is to move out of sillpore to msia...heehee

thats madness ...so much..

  • Author
Basically we cant do anithing..Now the market is going crazy,just asking for a resale flat at jurong west st 41 near to lakeside the COV asking more than 60k.The only solution is to move out of sillpore to msia...heehee

alternatively they should build like 20 more causeway cos all take their money into JB to buy house.

Then Singabored will poor AGAIN!!!!

hahahahha

I wonder if those Zeng Hu Lang use their brains or kidneys or finger nails to tink or wat....

alternatively they should build like 20 more causeway cos all take their money into JB to buy house.

Then Singabored will poor AGAIN!!!!

hahahahha

I wonder if those Zeng Hu Lang use their brains or kidneys or finger nails to tink or wat....

zeng hu is using their brains

on how to increase their state $ to proof they need more salary in order to keep them 'clever' , to proof they are talent

higher selling price

more stamp fees

Here's what was announced today

1. Immediate withdrawal of interest absorption scheme - WILL WORK and hit new condo buyers

2. Immediate withdrawal interest-only loans being offered for purchases of uncompleted property developments - IMPACT not high

3. Bringing back the confirmed list of the Government Land Sales (GLS) programme - Dont know enough to comment. In any case, if this is a "assuring-supply-hence-balance-demand/price equilibrium", has not proven to work so far. Govt has repeatedly stressed that there are more than enough supplying market earlier, but buyers still go crazy...

Here's what I would think will help BURST/COOL the strange buying frenzy to bring us in line with the economic situation

** Immediate withdrawl of 10% downpayment/90% loan => revert to 20% downpayment (exception to 1st time home owner)

** Regulate bank's property loan amount to reduce exposure

  • Author
Here's what was announced today

1. Immediate withdrawal of interest absorption scheme - WILL WORK and hit new condo buyers

2. Immediate withdrawal interest-only loans being offered for purchases of uncompleted property developments - IMPACT not high

3. Bringing back the confirmed list of the Government Land Sales (GLS) programme - Dont know enough to comment. In any case, if this is a "assuring-supply-hence-balance-demand/price equilibrium", has not proven to work so far. Govt has repeatedly stressed that there are more than enough supplying market earlier, but buyers still go crazy...

Here's what I would think will help BURST/COOL the strange buying frenzy to bring us in line with the economic situation

** Immediate withdrawl of 10% downpayment/90% loan => revert to 20% downpayment (exception to 1st time home owner)

** Regulate bank's property loan amount to reduce exposure

To the Govt:

WHAT?????

So chim how in the world anyone understand what they Govt is talkin abt?

Can they like simplify everything.

Bloody CPF already so complex this cannot tat cannot everything cannot, can they like dun smoke us or confuse us and do something less alien?

Geeez

Here's what was announced today

1. Immediate withdrawal of interest absorption scheme - WILL WORK and hit new condo buyers

2. Immediate withdrawal interest-only loans being offered for purchases of uncompleted property developments - IMPACT not high

3. Bringing back the confirmed list of the Government Land Sales (GLS) programme - Dont know enough to comment. In any case, if this is a "assuring-supply-hence-balance-demand/price equilibrium", has not proven to work so far. Govt has repeatedly stressed that there are more than enough supplying market earlier, but buyers still go crazy...

Here's what I would think will help BURST/COOL the strange buying frenzy to bring us in line with the economic situation

** Immediate withdrawl of 10% downpayment/90% loan => revert to 20% downpayment (exception to 1st time home owner)

** Regulate bank's property loan amount to reduce exposure

Lending requirements are not the issue. It's already quite difficult to get a loan approved in our opinion.

Plus, this time round, Quite Alot of HDB upgraders are in the market, that's a big pool to fight.

hahahaa.....remove the "market rate" subsidy for hdb flats & revert to "cost subsidy"......then the property prices for all will crash like a tonne of bricks....but then again.....knowing that its human nature to be greedy....the asking COV may now be $500k....... :bangwall:

  • Author
hahahaa.....remove the "market rate" subsidy for hdb flats & revert to "cost subsidy"......then the property prices for all will crash like a tonne of bricks....but then again.....knowing that its human nature to be greedy....the asking COV may now be $500k....... :bangwall:

Another nonsense from the horse's mouth -> http://www.asiaone.com/Business/My%2BMoney...916-168253.html

What kinda govt is that?

  • 1 month later...

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