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ExpatSingapore Message Board 28 May 2012, 9:03:03 am *
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Author Topic: Private homes sales fall by 60%. Prices about to free fall.  (Read 2380 times)
localmanjames
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« on: 19 January 2012, 22:15:13 pm »
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Private homes sales fall by 60%. Prices about to free fall, Agent 007 starts buying instant noodles in bulk to prepare for his impending bankruptcy!

channelnewsasia.com/stories/singaporebusinessnews/view/1177054/1/.html

Prices will bottom out in a few years' time, great time to buy then if you have the money.
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ExpatSingapore Message Board
« on: 19 January 2012, 22:15:13 pm »
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foreign joe
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« Reply #1 on: 20 January 2012, 5:40:07 am »
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Is it ever great to buy a dogbox. Even for 60% less I still wouldn't buy one.
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Agent007
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« Reply #2 on: 20 January 2012, 7:27:27 am »
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If you like to throw money away on rent then of course don't buy. Everyone has the right to be deliberately stupid if they wish to do so.

Don't worry Joe, you are not alone, there are many other idiots like you around who take great pleasure in paying other peoples mortgages for them!

As for stupid James. Well, anyone who actually believes that prices can go down is a twat of the first order and must be blind as well as effing thick.
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Agent007
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« Reply #3 on: 20 January 2012, 8:10:17 am »
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I mean, why throw all your money away on rent when you can do it much more efficiently with selling your units at a massive loss. Geez, I really have to teach you effing winkers everything.

 Roll Eyes
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Agent007
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« Reply #4 on: 20 January 2012, 15:13:43 pm »
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Any single example of anyone having sold at a loss in the last three years?

No.

Thanks.

Airport.

Loser.
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localmanjames
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« Reply #5 on: 20 January 2012, 15:25:02 pm »
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Any single example of anyone having sold at a loss in the last three years?

No.

Thanks.

Airport.

Loser.


Private property prices continue to moderate

todayonline.com/Singapore/EDC120104-0000056/Private-property-prices-continue-to-moderate

Property measures: Home prices may fall 30%, say analysts

straitstimes.com/BreakingNews/Singapore/Story/STIStory_742997.html

Got your instant noodles ready yet, Agent?

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Agent007
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« Reply #6 on: 20 January 2012, 15:30:40 pm »
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Answer the question you ignorant person.
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localmanjames
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« Reply #7 on: 20 January 2012, 15:32:18 pm »
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Any single example of anyone having sold at a loss in the last three years?

Yes, in 2009, less than 3 years ago, property prices fell by 20-30% in just a year, due to the economic crisis.

Those who sold then, mostly for cash flow reasons, would have lost a lot of money! Sad
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Agent007
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« Reply #8 on: 20 January 2012, 15:34:12 pm »
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Now you really are showing how stupid you are. Prices increased in 2009. Go check before you open your big fat mouth. Fool.
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localmanjames
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« Reply #9 on: 20 January 2012, 15:39:04 pm »
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I quote from -> straitstimes.com/BreakingNews/Singapore/Story/STIStory_742997.html

'This would be a chilling replay of what happened during the global financial crisis in 2008 and 2009, when home prices slid 25 per cent over 12 months.'

Now, you answer my question, have you got your instant noodles ready yet, loser real estate salesman? Cheesy

Happy times ahead, seeing all these real estate pests starve when they can no longer make sales and their commissions (which is their only source of income) dries up. Agent007 will be giving out extra flyers this weekend with a miserable look on his face, smelling of instant noodles!
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good one
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« Reply #10 on: 20 January 2012, 16:13:57 pm »
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Wow I always knew that Agent 007 was a loser and a w**ker but looks like he doesn't know anything about SG property either.

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somersa
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« Reply #11 on: 20 January 2012, 16:25:40 pm »
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Now you really are showing how stupid you are. Prices increased in 2009. Go check before you open your big fat mouth. Fool.
  Dear Anonymous Agent007.   I think most of us would welcome a more civil tone.  Your disrespect and abusive language is not appreciated by those of us who would like to use the board for information or amusement.  It is not amusing, interesting, articulate, or useful. 

Can you find a way to be polite and informative?

Happy New Year!
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LMJ 4 Prez
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« Reply #12 on: 20 January 2012, 17:11:12 pm »
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Even if there hasn't been a drop in valuations since 2009, which LMJ has clearly shown there has been, but even if there hasn't been, claiming the past 3 years were gold, so the next 3 years will be gold too, well, that's quite obtuse.

Whoosh! What's that? That's 200K of Agent's007's money...

No abalone for Agent 007 this year.

 Grin

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HO LEE SHEK
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« Reply #13 on: 20 January 2012, 17:24:16 pm »
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Now you really are showing how stupid you are. Prices increased in 2009. Go check before you open your big fat mouth. Fool.


  Dear Anonymous Agent007.   I think most of us would welcome a more civil tone.  Your disrespect and abusive language is not appreciated by those of us who would like to use the board for information or amusement.  It is not amusing, interesting, articulate, or useful. 

Can you find a way to be polite and informative?

Happy New Year!


agent007 is right, prices went up, not down in 2008/2009, go chk your figures b4 posting!! ! Cool
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Agent007
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« Reply #14 on: 20 January 2012, 17:51:13 pm »
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 Wink
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