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Seriously
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« on: 11 August 2011, 21:17:45 pm » |
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U.S. rates on hold at near zero until mid-2013, SIBOR 3m falling to record low today...where else are people going to put their red-dot cash? Especially with SGD strong. Not pro or against property, it just seems logical that money will flow into it, regardless of whether it's stupidly overpriced or not.
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ExpatSingapore Message Board
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« on: 11 August 2011, 21:17:45 pm » |
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Vulcanl
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« Reply #1 on: 12 August 2011, 0:48:06 am » |
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My suggestions:
*Buy Gold and other precious metals (the real thing, accept no substitutes)
*Invest in small businesses in the region (does not necessarily have to be in Singapore)
*Pay down any debt you may have
Property is a tough call at the moment. I would personally like to see personal incomes increase more here in Singapore before buying
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gold star
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« Reply #2 on: 12 August 2011, 2:40:47 am » |
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Get your cash into singapore property fast because its probably going to rise quite a bit over the next 5 years. This is probably the safest place in the world to park your money.
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gold star
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« Reply #3 on: 12 August 2011, 2:44:13 am » |
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Something like the Cascadia, Water Place, Seaview all got great room for growth.
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P.O.D.
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« Reply #4 on: 12 August 2011, 3:41:39 am » |
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Property is the last investment during these times of uncertainty.
Property values depend on incomes and with hard times ahead, unemployment, loss of income etc., property prices will collapse.
Property is a currency on the slide.
This is doubly true for Singapore where there is no one bargain to be had.
Gold is the only safe haven other than some currencies such as Swiss franc.
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Agent007
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« Reply #5 on: 12 August 2011, 7:33:53 am » |
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I agree.
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Agent007
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« Reply #6 on: 12 August 2011, 8:14:06 am » |
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No I don't.
Property will be up another 5% before end 2011.
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Keeper of the bridge
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« Reply #7 on: 12 August 2011, 9:31:34 am » |
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Keeper: what is your favourite colour
Agent007: Blue, not yell..... argh............
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Agent Duh-brain
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« Reply #8 on: 12 August 2011, 12:04:20 pm » |
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Keeper: what is your favourite colour
Agent007: Blue, not yell..... argh............
Agent007: Yes is the new no. |
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Agent007
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« Reply #9 on: 12 August 2011, 13:57:16 pm » |
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Buy property in Singapore now.
Never been a better opportunity.
Sharp upturn is just around the corner.
Don't miss the boat again!
You heard it from the man in the know.
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Even
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« Reply #10 on: 12 August 2011, 14:35:16 pm » |
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Sharp upturn is just around the corner.
In order to have an 'upturn' first you have to have it down and despite what we all might think, as yet it's not gone down so is it that you are on holiday in Oz at the moment and everything is the wrong way round? |
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Agent007
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« Reply #11 on: 12 August 2011, 14:40:04 pm » |
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WTF have you been drinking?
I expect a sharp upturn without any decrease.
Effing Wanker.
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amazing analyst
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« Reply #12 on: 18 August 2011, 10:51:56 am » |
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..and assume this upturn comes because people have so much more extra income?
to borrow a vulcan phrase "Property pricing is complete decoupled from the rest of the economy"...
are you completely nuts?
some properties will for sure appreciate. but the market as whole wont. not right now with GDP down 10 points and clouds over the horizon.
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Vulcanl
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« Reply #13 on: 18 August 2011, 18:38:17 pm » |
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amazing analyst,
"...to borrow a vulcan phrase "Property pricing is complete decoupled from the rest of the economy"..."
I have never stated anything like this. Please refrain from putting words in mouth - in your case completely making stuff up.
Thanks
Vulcan
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Vulcanl
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« Reply #14 on: 18 August 2011, 18:40:37 pm » |
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amazing analyst,
Please explain this statement you have made:
"...GDP down 10 points..."
Are you referring to Singapore GDP? How and when has it declined by '10 points'?
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