Property cooling measures could lead to unintended downward price spiral if not moder

SINGAPORE - Singapore is on the declining limb of the property cycle, and looming supply is likely to bring home vacancy rate to a record high, said Redas president Augustine Tan on Friday.
He noted that vacancy rate at the end of last year is close to 8 per cent, or 24,000 units.
It is an increase of 54 per cent over the vacant stock in 1998 when the vacancy rate last peaked at 9 per cent.
However, total stock rose almost 80 per cent during the same period and is at almost 309,000 units.

Re: Property cooling measures could lead to unintended downward price spiral if not m

krafty said:

SINGAPORE - Singapore is on the declining limb of the property cycle, and looming supply is likely to bring home vacancy rate to a record high, said Redas president Augustine Tan on Friday.
He noted that vacancy rate at the end of last year is close to 8 per cent, or 24,000 units.
It is an increase of 54 per cent over the vacant stock in 1998 when the vacancy rate last peaked at 9 per cent.
However, total stock rose almost 80 per cent during the same period and is at almost 309,000 units.

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Fucker Augustine tan income is based on property transaction and it is % based.
lower property value means lower income for him and for sure he will act like Lee Kuan Yew to scare the government

Re: Property cooling measures could lead to unintended downward price spiral if not m

gingerlyn said:

Fucker Augustine tan income is based on property transaction and it is % based.
lower property value means lower income for him and for sure he will act like Lee Kuan Yew to scare the government

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This guy is no LKY.

Re: Property cooling measures could lead to unintended downward price spiral if not m

all these cunning agents....

Re: Property cooling measures could lead to unintended downward price spiral if not m

Suicide said:

all these cunning agents....

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in singapore, u shall not listen to people below:
1. PAP
2. TAXI DRIVERS
3. PROPERTY AGENTS

the above 3, u dont listen.

Re: Property cooling measures could lead to unintended downward price spiral if not m

gingerlyn said:

in singapore, u shall not listen to people below:
1. PAP
2. TAXI DRIVERS
3. PROPERTY AGENTS

the above 3, u dont listen.

Click to expand...

what about Boss Sam?

Re: Property cooling measures could lead to unintended downward price spiral if not m

krafty said:

SINGAPORE - Singapore is on the declining limb of the property cycle, and looming supply is likely to bring home vacancy rate to a record high, said Redas president Augustine Tan on Friday.
He noted that vacancy rate at the end of last year is close to 8 per cent, or 24,000 units.
It is an increase of 54 per cent over the vacant stock in 1998 when the vacancy rate last peaked at 9 per cent.
However, total stock rose almost 80 per cent during the same period and is at almost 309,000 units.

Click to expand...

Krafty, best you concentrate on driving your taxi. If you must post topics, at least copy and paste articles that you actually have some clue about.

The PAP was responsible for an uncontrolled spiral UPWARD from 2006 to 2012 when they let in tons of foreign trash and allowed rampant liquidity to flood the asset markets. Your kids graduating from poly and uni are the ones who are going to suffer.

Only the mathematically and financially challenged, the TS included, will think that the price moderation last year has compensated for the 100% rise in the property resale index from 2006 to 2012. Suggest you actually read the articles that you post. When you're not driving that is.

Re: Property cooling measures could lead to unintended downward price spiral if not m

gingerlyn said:

in singapore, u shall not listen to people below:
1. PAP
2. TAXI DRIVERS
3. PROPERTY AGENTS

the above 3, u dont listen.

Click to expand...

Absolutely agree. Add insurance agents and MLM to the list too. Bunch of scumbags.

Re: Property cooling measures could lead to unintended downward price spiral if not m

Thick Face Black Heart said:

Krafty, best you concentrate on driving your taxi. If you must post topics, at least copy and paste articles that you actually have some clue about.

The PAP was responsible for an uncontrolled spiral UPWARD from 2006 to 2012 when they let in tons of foreign trash and allowed rampant liquidity to flood the asset markets. Your kids graduating from poly and uni are the ones who are going to suffer.

Only the mathematically and financially challenged, the TS included, will think that the price moderation last year has compensated for the 100% rise in the property resale index from 2006 to 2012. Suggest you actually read the articles that you post. When you're not driving that is.

Click to expand...

this taxi driver confirm kena summon for driving and surfing the internet. hehehe

Re: Property cooling measures could lead to unintended downward price spiral if not m

gingerlyn said:

Fucker Augustine tan income is based on property transaction and it is % based.
lower property value means lower income for him and for sure he will act like Lee Kuan Yew to scare the government

Click to expand...

farker REDAS trying to talk up the property market for the past 5 years since 2008-9 just like some of the forummers like sggonewrong and narong . fark these selfish arseholes as less profit for them. screw their asss. laughing my ass at them as these REDAS assholees are literally begging the garmen for help. srew these bastards. serve them right. garmen is in a fix as no demand. price is way to high and as wage has stagnated and interests rates going up for next few years and china clamping down on borrwing, only way is down like a submarine........high vacancy rates and lower rental means you are screwed. damn happy at these !diots' suffering and begging like a dog.