CONDO PRICES SET TO RISE. BUY NOW.

[Old Mike]

As a proof of goodwill I am sharing this with the Forum.
Act NOW. It may already be too late!
Those who, like me, have been once, now need to go at least once more to balance the feng shui.

STRAITS TIMES
9 AUG 2008

Flying with feng shui

The Flyer is spinning in a new direction after geomancers pointed out that it was 'taking fortune away from Singapore'

By Frankie Chee 
   
 

The Singapore Flyer has had feng shui experts in a spin. The big revolving wheel at Marina Bay has been turning the wrong way, according to them.
And now, to satisfy these masters in the ancient Chinese practice of arranging elements of the environment to promote fortune and health, the wheel has been reconfigured to turn the opposite way - at a cost involving a six-figure sum.
The 30-minute ride started going the other way last Monday.
Until then, since its opening in April the wheel had risen to face Singapore's business centre and went down on the other side overlooking the sea and the eastern part of the island.
Trouble was, this meant it was turning its back on the financial district literally.

'A number of feng shui masters had approached us to tell us that the Flyer is on the perfect site to pick up the good qi (energy) flowing into Singapore, but it was going in the wrong direction,' says Mr Florian Bollen, Singapore Flyer's chairman. 'The Flyer was going against the sun and taking fortune away from Singapore.'

Those comments from several feng shui masters four months ago led to the decision to change the direction of the 'wheel of fortune'.

The Flyer is run by Great Wheel Corporation, a locally headquartered company that develops and operates similar wheels and observation platforms worldwide.

The cost to rebuild the sensors in the system and resolve other technical implications was not specified except that it was a six-figure sum.

Mr Bollen hailed the directional change as 'the completion of a perfect movie', giving a much better story of Singapore.

The new experience starts with views of beaches and housing estates in the east and ends with the business district. And when the upcoming Marina Sands and financial centre are completed, it will take in that as well.

The wheel's about-face is not the only change at the five-month-old attraction which celebrated selling its one millionth ticket a week ago.

A compass has been installed in each capsule to help visitors orientate themselves to the cityscape. And a new visitor centre, managed by the National Association of Travel Agents Singapore and the Association of Singapore Attractions, allows foreigners to obtain tourist information, book a hotel room or tickets to other attractions.

Another change has been the installation of a 4m by 12m model of the Marina Bay Sands Integrated Resort being constructed along the same coastline. It is on the roof garden of the Flyer.

Passengers on the descent will see the model rise above the skyline, superimposed against the backdrop where the integrated resort will stand.

On the Flyer's new direction, tour guide Wong Wee Tee, 54, says: 'In the initial direction, you were first wowed by the city and then bored as it turned to the other side. It's better to see the scenic area first, then the exciting skyline.'

[Blaze]

Yes, buy now or you will 'miss the boat'.

If you're waiting for recession, 'keep on dreaming'.

That is because  'Singapore is different'.

Once the casino is here, you can never afford your 'dream condo'.

Better buy now, all the units will be 'snapped up' soon. 

[Yeah!]

Great! Me going out to get one unit this week!

[winner]

yep, i'm buying 4 condos on Monday with 50% downpayment and I'll make 100% profit in 6 months.....NOT!

[leverage]

i am trying to get a small apt in rivergate at $13500 psf. or 8@mt sophia at $1200. 1000 sqf. fair?

[pm]

Bumpy year ahead, says PM
 
AS EXPECTED, the Prime Minister’s National Day message reflected, as he said in his very opening line, a somewhat guarded mood.

Mr Lee Hsien Loong gave a set of statistics which showed that Singapore, although it managed to hold up for a while, is showing the effect of the strain running through the United States economy, which is being squeezed by a housing crisis, a financial system under pressure and a consumer who is spending less.

Growth for the first half of the year was 4.5 per cent, a drop from the 7.6-per-cent growth over the same period last year.

And for the whole year, the Government has revised its growth forecast down to between 4 and 5 per cent, from the earlier range between 4 and 6 per cent. In comparison, Singapore’s economy grew 7.5 per cent last year.

Mr Lee is not only worried about the situation in the US. Asia and, more importantly, Asean are very much on his radar screen.

Echoing the same sentiments in a speech he gave at the Asean Ministerial Meeting last month, he said: “In South-east Asia, Asean has become less prominent on the radar screen of investors, who are more focused on opportunities in China and India.

“Several Asean countries are pre-occupied with domestic economic and political problems. However, all Asean countries know that we must work together resolutely as a group.

Looking a little ahead, Mr Lee said: “The difficulties will probably drag on well into next year before getting better ... We must therefore prepare ourselves for a bumpy year ahead.”

[not working]

The last couple of times I've been past the flyer this week, every capsule has been empty.  Can't think it's bringing in enough to cover running costs, let alone capital investment.

And I think I'll hold off on the condo purchase a little longer!

[Not empty]

Didnt you realised its the hungry ghost month?

Some capsule are booked for them so its natural you dont "see" them but the capsule are not empty.

[Old Mike]

Of course!
It is the same idea as having opera staged for the ghosts. Usually near a temple.
By the way, a Chinese opera lasts 3 to 4 hours. So did the Olympics Opening.

[not working]

so who's paying for the hungry ghosts tickets on the Flyer then?

BTW, how do you find out when the 'Operas' are taking place.  I'd like to go and see one, but never know where and when they are happening.  Is it OK for an Ang Moh to watch?  I know I'm not allowed to sit in the 'reserved' seats at the front.

[Old Mike]

Relatives could be paying for the tickets.
Daoists are only too happy to share their festivals and traditions with others. The more you learn the more interesting the experience.
Normally sit anywhere but the front.
Sorry, I have not been able to find a website giving times. This is a bad feature of Singapore cultural festivals.They would be better attended if they were better advertised.

[Local Culture]

Well.. dont think you can find the info on website.

On chinese newpaper you can find the location and host of the various stages for the next day. Sin Ming and Wan Bao. Think you need local help.

It would certainly be very interesting from a ang mo point of view. Truely authentic Singaporean culture.

Ang mo watching? I wouldnt pay much attention on you.

[landlords ahoy]

Prices have indeed dropped.  I invested in the market for the long run.   Glad I invested in 2003 with the other smart investors, only the fence sitters who lost out have to come on here talking the market down.  I have to laugh at them, because they will still be doing this in 10 years time...but probably from overseas from some miserable icy cold windy place called home where they earn buttons dreaming of the life they had in asia.

[The losers are]

those who bought in 2007. There is a time to buy and a time to sell. Do not be euphoric and greedy.

[To Raging Bull]

those who bought in 2007. There is a time to buy and a time to sell. Do not be euphoric and greedy.

Try harder. I am sure prices will fall 10% for every 1000 repetitive postings you make here. So after 10000 postings, you will get your condo free. LOL