Original post from: Singapore Blue Chips. Why is it not a good time to buy property now? Take a look
I visited Dakota Residences over the weekend. There was no crowd, just a couple of families looking at the showflat and the architectural model. Currently Dakota has fully sold its 2 bedroom apartments and are left with few units of 3 bedroom apartments. 4 bedroom apartments are still plentiful as there are little takers.
Original post is from Tan Kin Lian’s Blog.
Dear Mr Tan,
Thank you for giving advise to the public and in a selfless manner. I fully agreed with you.
In fact, I had been visiting show flats since Lehman Brother collapse and also talking to banks to survey the ground. My conclusion is, it’s scary and if you are not careful, you will get into trouble when things go wrong. Let me explain further, my wife and me are in our 40s, consider to be middle income, all the banks encouraged us to take a loan of around $2M and up to 70 years old.
Copied from an email received from an old-but-refreshing relative. The highlighted point: Keep yourself interested, have a challenge. If you want to see sunrise tomorrow or sunset, you must have a reason, you must have the stimuli to keep going.
Going home late, and found office area at Biopolis is also beautiful at nightfall. There’s always surprise in life, the question is how and when you will realize it.
I read this interesting analysis on Singapore Property market. The study matches our observation on current market, and we felt lucky not buying a condo mid last year.
Below is the response from a Hong Kong based Asia property analyst who works for a small successful private investment bank. He replied the inquiry if it is a good time to buy Singapore property.
全球都在涨，新加坡的冲击也大。
三个月以前在电视上看见，政府枪手开始宣扬买冷冻猪肉比新鲜猪肉便宜又好用，颇有洗脑的嫌疑。昨天居然看见新闻报道，社区机构开始给老人上课，教授如何用土豆代替白饭来生活。我的天啦！
还好个人影响不大，该吃就吃，该玩就玩。
From TheFinance.SG and http://singapore-fixed-deposits.com . In a world of high inflation, no one is a winner, but normal people lose most.
