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Serious Car loan rules relaxed
- Thread starter Runifyouhaveto
- Start date
use hk as bench mark, currently, hk property sliding hard. as usual, spore gahment like to compare with hk, so very unlikely they will lift the curb.
Singapore Property Is Closer to the Bottom Than Hong Kong, LaSalle Says
“Hong Kong and Singapore are in a different cycle,” LaSalle’s Chris Chow said in an interview. “Although Hong Kong also has government austerity measures for residential, that hasn’t really translated into actual price correction until recently even though the measures came in a couple of years before.”
In Hong Kong, prices surged 370 percent from their 2003 trough through a peak in September before the correction began, as fears of a slowing economy in China damped sales. Home prices in Hong Kong have dropped about 13 percent since September. Prices in Singapore have fallen 1.2 percent since September and 9 percent from the peak in 2013 as property curbs cooled demand. Singapore prices had surged 92 percent from 2003 until the record set in September 2013.
http://www.bloomberg.com/news/artic...-closer-to-bottom-than-hong-kong-lasalle-says
“Hong Kong and Singapore are in a different cycle,” LaSalle’s Chris Chow said in an interview. “Although Hong Kong also has government austerity measures for residential, that hasn’t really translated into actual price correction until recently even though the measures came in a couple of years before.”
In Hong Kong, prices surged 370 percent from their 2003 trough through a peak in September before the correction began, as fears of a slowing economy in China damped sales. Home prices in Hong Kong have dropped about 13 percent since September. Prices in Singapore have fallen 1.2 percent since September and 9 percent from the peak in 2013 as property curbs cooled demand. Singapore prices had surged 92 percent from 2003 until the record set in September 2013.
http://www.bloomberg.com/news/artic...-closer-to-bottom-than-hong-kong-lasalle-says
This is what I always say, hypocrite, selfish and big liar.
Very tempted to upgrade. Any nice car to recc?
Absd is next btw.
Absd is next btw.
Why don't u go buy your cheap aussie car now? It will last forever. Oops no money for that too. Oh well you can walk 500 miles to the supermarket.
You so poor better not. Save money pay for alimony better.
walking is good for ur health and australia's weather is amazing for outdoor activities.whenever i go to australia on my 3 month sabbatica i will spend at least 4 ,5 hours walking everyday,exploring every inch of the city and the nature parks,i know the location of every aldi's,coles,woolworth's,super iga and costco in and near melbourne cbd.
wei wei wei
COE quota should be slightly higher in June/July and there is a car show in July.
So u can keep a look out
haha...audi more than 10 years car, selling 6k.
Behold: Singapore’s Very First Bungee Tower
http://weekender.com.sg/w/behold-singapores-first-bungee-tower
Car loan rules eased, property measures next?
May 28, 2016
http://www.propertyguru.com.sg/prop...2/car-loan-rules-eased-property-measures-next
In a report released on Friday (27 May), Credit Suisse said: “With the weakening macro outlook, easing of property cooling measures would be one of the range of policies the government can use to combat a slowdown.
Yep, that's what i meant, they can tweak measures here and there, but fact remains price rose 92% while implemented measures dropped the prices 9%. Removing these measures will undo all the efforts and not forgetting the gloomy forecast.
Does not help when ppl are jobless. 1997 removed all measures and yet nobody buys.
ah run, i will be eternally grateful if you can impart some of your skills to me. :o
but it will drive prices higher and prop up the flagging economy....inflation is good,deflation is bad.
Provided that the person have ability to borrow and banks willing to lend.
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