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Agent XYZ
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« on: 24 March 2009, 13:02:18 pm » |
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Stock markets bottomed out, the only way for SG property is UP, UP, UP.
The bears will regret not buying earlier.
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ExpatSingapore Message Board
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« on: 24 March 2009, 13:02:18 pm » |
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medicice
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« Reply #1 on: 24 March 2009, 13:06:46 pm » |
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a bear rally and you think all the fundamentals in the world changed overnight?
can I have some of whatever you're smoking? please?
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....
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« Reply #2 on: 24 March 2009, 13:19:20 pm » |
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Agent XYZ, was it you I saw having lunch at the Fullerton the other day with a number of Japanese ladies?
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EarthlyDesires
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« Reply #3 on: 24 March 2009, 13:30:17 pm » |
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I have received phone calls from agents and development companies asking that I come see property. one developer even stated that the price is negotiable.
Property agents and developers talked up the last rise in prices into a frenzy. A lot of people have purchased properties that they may not be able to service. Now they are stuck. Rents are coming down - check st article in sunday paper - month to month decrese 9 to 20%. I would like to see year on year decreases.
companies are cutting back - large expat packages that pay high rents are the key target.
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Beavis
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« Reply #4 on: 24 March 2009, 13:40:29 pm » |
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companies are cutting back - large expat packages that pay high rents are the key target.
And about time too! It's so much time watching this all unfold, after the orgy of hype and all the drivel that's been spewed the past 3 years. |
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Beavis
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« Reply #5 on: 24 March 2009, 13:42:54 pm » |
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Sorry, meant "fun" (not "time).
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boo hoo
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« Reply #6 on: 24 March 2009, 13:53:48 pm » |
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Yay! Bull run in properties to continue!
Btw fyi even after the great rally the past 2 weeks, stocks in Singapore are still a whopping -56% down from its peak! Yay! At least its not down 80% like some property stocks!
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Agent XYZ
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« Reply #7 on: 24 March 2009, 17:13:42 pm » |
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Firstly I do not appreciate anyone using my old nick to start a thread.
While we are admittedly seeing some 'softening' of the market at the moment, we remain hopeful that a 'turn around' would be on the cards. Only just the other day I was having brunch at the Marriott on Scotts with one of my Japanese clients and she informed me that she has been 'holding off' for a while as regards buying more property. These are savvy investors who 'know' the market remember.
I myself have taken a less 'active' role in the sector these days and am currently more involved in 'leisure & tourism' sector. My old 'farm' area has been passed onto a young female rookie agent and it is firmly 'her patch' now.
While I maintain a close, watchful eye on the property sector and I may well indeed decide to become more involved sometime again in the future, I am quite busy with my own projects at the moment and we are travelling around a lot from Europe to China.
However, I still do have a small circle of 'exclusive' investor clients who have been with me for many years. They are trusted friends and savvy investors who almost 'know' the market as well as I do (and I have many years of experience).
We still meet for brunch & lunches from time to time and swap stories like before.
You would be surprised what opportunities are out there, these ladies are still making a buck. But then again, you need to be 'in the know' or you can get burned easily in todays market. As ever an educated eye for a bargain is your best friend.
Know the area, know whats going on and coming up, know the demand, know your target clientelle, have your contacts, network etc all the old tips that served me well over the years still hold true.
At the moment, the market is not for the faint hearted investor.
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boo hoo
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« Reply #8 on: 24 March 2009, 20:59:10 pm » |
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Your "clients" are "f@cked" for listening to "crap "advice". They have no more "equity" if they are still holding on to properties they bought from 2006 onwards. I hope they bought "multiple" properties in the hope that they wouldn't "miss the boat" and know the meaning of "foreclosure".  |
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tiger prawn
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« Reply #9 on: 25 March 2009, 10:05:34 am » |
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XYZ, when you said "leisure & tourism", you meant you are now touting tiger prawns at newton?
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Or Bee Hoon
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« Reply #10 on: 25 March 2009, 10:53:57 am » |
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@ bishan.
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And..
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« Reply #11 on: 25 March 2009, 13:59:31 pm » |
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why did you give up your nick, Agent XYZ? Is it because otherwise it would be too easy to search your old posts and see how extremely off the mark they were  You know, all your cr@p on your golden triangle and market taking a breether etc? |
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also.
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« Reply #12 on: 25 March 2009, 14:20:48 pm » |
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all that crap about well heeled clients, their savvy-ness, your richness, improving stock mkt and etc.... such imbecile prognosis and thinking... the property market may rebound but only FOOLS will think it will return to 2007 levels, which is unsustainable and not concommitant with income levels... Take the hit and VANISH from this Board pls .. Rich men don't post 'talk-up" in forums. Only we... the soon to receive "pink slips" netizens come here |
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Agent XYZ.
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« Reply #13 on: 25 March 2009, 16:06:28 pm » |
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Quick buy buy. Property prices will be up. There is easy money to be made ... ha ha ha |
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Dr. Phil
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« Reply #14 on: 25 March 2009, 16:39:38 pm » |
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Firstly I do not appreciate anyone using my old nick to start a thread.
While we are admittedly seeing some 'softening' of the market at the moment, we remain hopeful that a 'turn around' would be on the cards. Only just the other day I was having brunch at the Marriott on Scotts with one of my Japanese clients and she informed me that she has been 'holding off' for a while as regards buying more property. These are savvy investors who 'know' the market remember.
I myself have taken a less 'active' role in the sector these days and am currently more involved in 'leisure & tourism' sector. My old 'farm' area has been passed onto a young female rookie agent and it is firmly 'her patch' now.
While I maintain a close, watchful eye on the property sector and I may well indeed decide to become more involved sometime again in the future, I am quite busy with my own projects at the moment and we are travelling around a lot from Europe to China.
However, I still do have a small circle of 'exclusive' investor clients who have been with me for many years. They are trusted friends and savvy investors who almost 'know' the market as well as I do (and I have many years of experience).
We still meet for brunch & lunches from time to time and swap stories like before.
You would be surprised what opportunities are out there, these ladies are still making a buck. But then again, you need to be 'in the know' or you can get burned easily in todays market. As ever an educated eye for a bargain is your best friend.
Know the area, know whats going on and coming up, know the demand, know your target clientelle, have your contacts, network etc all the old tips that served me well over the years still hold true.
At the moment, the market is not for the faint hearted investor.
Its good to see you ladies have managed to retain your lifestyles. I do hope you collected your bonus before you departed your old firm?  |
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