Wind78 0 Report post Posted September 14, 2009 Other than waiting and waiting and waiting.... wat else can we do? Share this post Link to post Share on other sites
jnl 0 Report post Posted September 14, 2009 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 Share this post Link to post Share on other sites
gundamv 1 Report post Posted September 14, 2009 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.. Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 14, 2009 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.... Share this post Link to post Share on other sites
therat 18 Report post Posted September 14, 2009 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 Share this post Link to post Share on other sites
joon 0 Report post Posted September 14, 2009 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 Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 14, 2009 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 Share this post Link to post Share on other sites
JustMortgage 0 Report post Posted September 14, 2009 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. Share this post Link to post Share on other sites
santav 0 Report post Posted September 17, 2009 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....... Share this post Link to post Share on other sites
Wind78 0 Report post Posted September 17, 2009 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....... Another nonsense from the horse's mouth -> http://www.asiaone.com/Business/My%2BMoney...916-168253.html What kinda govt is that? Share this post Link to post Share on other sites
forgotten 1 Report post Posted October 18, 2009 Other than waiting and waiting and waiting.... We can strive and increase our earning power. Share this post Link to post Share on other sites
