What will happen in Sinkieland when Global Crash V 2.0 is released

[worried investor]

The analysts said it may not happen until 2013/2014. I feel V2.0 will be out a tad sooner. 

If Sinkieland sends home expats, and the predicted oversupply hits the pipes at the wrong time, we could be in queer street. 

[wont happen]

It wont happen, it just cant.

[wont happen]

It wont happen, it just cant. They won't let it happen.

[wont happen]

This cant be happening, it just cant. My banker told me it wont happen.

[no crash]

There is no crash.  If it was going to happen it would have happened long before now.  Asia is robust and has proved itself.  Its not on the bones of its bum like the west is.

[I bet]

There is no crash.  If it was going to happen it would have happened long before now.  Asia is robust and has proved itself.  Its not on the bones of its bum like the west is.

The West was saying it would never happen there when looking at Asia in 97 as well.

Idiot

[Iwont happen]

I am sure there will be no crash - look at the situation.  Growing population, influx of migrants, lack of space, strong economy.  It all adds up to pressure on the market.  No matter what happens, it all comes down to supply and demand.  Those figures dictate price.

[praying]

^"No matter what happens, it all comes down to supply and demand.  Those figures dictate price."

-I hope not because in that case the collapse will be huge:

Wave of supply to hit property market

by Ku Swee Yong
Updated 09:30 AM Feb 03, 2012

Fourth-quarter data released last Friday by the Urban Redevelopment Authority (URA) point to a massive, unprecedented wave of upcoming supply in the residential, commercial and industrial segments, sounding a clear warning to investors who may have entered the market recently at high prices.

RESIDENTIAL OVERHANG

Four quarters ago, the expected private home completions for last year and this year were 8,430 and 8,116 units, respectively. We ended last year with 12,469 units completed, 48 per cent higher than the number published four quarters ago. The number for this year has also been revised upwards to 13,308 units.

Included in the expected 31,001 units that are expected to obtain TOP (temporary occupation permit) in 2015 are 9,501 units that were already under construction in 4Q2011. To have 9,501 units taking another up to four years to complete is unlikely. Most residential projects are completed between 24 and 36 months after piling begins. Therefore, the bulk of the 9,501 units should be completed in 2013 or 2014.

Looking ahead, we can expect the completion of residential projects to be ahead of schedule, i.e. the wave of supply will hit us sooner. This time round, the avalanche of supply might coincide with a faltering global economy amid weak occupier demand. Investors should seriously take these "earlier-than-expected supplies" into consideration before making their investments.

The rate of vacancy of private homes have already crept up from 5 per cent (or 12,883 units) at the end of 2010 to 5.9 per cent (15,980 units) last December. The imminent flood of supply will likely push this higher.

PAIN LIES AHEAD

The flood of supply seems to be sweeping across almost all segments. While holding power is strong today due to low interest rates, real estate valuations may deteriorate quickly once the macro-economic environment collapses, causing pain especially to the recent investors who have bought high.

[Pardon?]

I am sure there will be no crash - look at the situation.  Growing population, influx of migrants, lack of space, strong economy.  It all adds up to pressure on the market.  No matter what happens, it all comes down to supply and demand.  Those figures dictate price.

Influx of immigrants - do not think so - it will be pretty much constant and not growing.

Growing population - - not from the Singaporeans - they are not breeding enough to repopulate never mind grow.

[Qualified Analyst]

No matter what happens, it all comes down to supply and demand.  Those figures dictate price.

Amen.

Supply is going to swamp you soon:

Wave of supply to hit property market
by Ku Swee Yong
Updated 09:30 AM Feb 03, 2012

Demand is dwindling fast due to Additional Buyer's Stamp Duty and the reduction in the number of immigrants. This will worsen once the economy tanks and more expats are repatriated.

Supply and demand indeed.

[going down]

I am sure there will be no crash - look at the situation.  Growing population, influx of migrants, lack of space, strong economy.  It all adds up to pressure on the market.  No matter what happens, it all comes down to supply and demand.  Those figures dictate price.

And the new Budget is cutting down foreign workforce by 5 per cent. And Singaporeans have one of the lowest birthrates in the world, about 1,2 per two adults.

Economy is showing signs of slowing. In fact, everything in this post was wrong. This is the foundation how this person makes his 'investment' decisions...

[wont happen]

Maybe in the west, but out here its different from the sleepy backwaters of the west.  This is the centre of finance, service, healthcare, tourism, you name it. Thats why it cant go down and why property will always rise.

[going down]

Maybe in the west, but out here its different from the sleepy backwaters of the west.  This is the centre of finance, service, healthcare, tourism, you name it. Thats why it cant go down and why property will always rise.

We were all talking about Singapore, not the west, you idiot.

[Agent007]

Seems you are the idiot. Read again spasmo.

[I'll bite]

The analysts said it may not happen until 2013/2014. I feel V2.0 will be out a tad sooner. 

OK - then why do you think it will a tad sooner?