speculator three months lose $273k on one unit

downgrader

Alfrescian
Loyal
Joined
Aug 7, 2008
Messages
1,125
Points
38
three months lose $273k on tanjong rhu unit

image cannot attach

but unit was bought sep 2008 at $905k

force sale dec 2008 at $632k
 
i don't know the guy personally but my friend said a lot of people kena caught during last october selloff after lehman bankruptcy and a lot of unwinding to meet margin calls

lucky buy guitar don't need cut loss, only replace string
 
are you the loser

how can a loser ever win

always talking about failures and market down

set your aim higher. do something productive rather than playing your fucking guitar

or if you have no sense of purpose don't pollute all the yound minds coming here you old uncle
 
three months lose $273k on tanjong rhu unit

image cannot attach

but unit was bought sep 2008 at $905k

force sale dec 2008 at $632k

Lets not forget these are the same speculators that made tons of $$$ during the booming years so the losses may not be much to them, moreover they also contribute to the rising prices & bubble....:p
 
that's about a 30% difference in 3 months.
around 10% a month.

how did it got to 905K in the first place? why the settlement price of 632K?
 
This is not the record.

My campmate's cousin bought a landed house in Braddell Estate during the peak in 97. Then found out the house was haunted. In the end had to sell at loss more than $300K. Today the house is torn down and rebuilt.
 
This is not the record.

My campmate's cousin bought a landed house in Braddell Estate during the peak in 97. Then found out the house was haunted. In the end had to sell at loss more than $300K. Today the house is torn down and rebuilt.

He should have tried getting those mediums/priests to clean the house & maybe avoided the $300k loss :)
 
He should have tried getting those mediums/priests to clean the house & maybe avoided the $300k loss :)

Not sure if those people did a thorough cost-benefit analysis :D

I remember he said the dirty things made it very suay for them and even the family business was affected
 
Not sure if those people did a thorough cost-benefit analysis :D

I remember he said the dirty things made it very suay for them and even the family business was affected


For $300k he could have demolished & build a new place himself :eek:
If a Medium/Priests could have succeeded, it would have only cost a few $k. :rolleyes:

Fully understand how he must have felt as we are already haunted by an old mans policies$$$ :)
 
This is not the record.

My campmate's cousin bought a landed house in Braddell Estate during the peak in 97. Then found out the house was haunted. In the end had to sell at loss more than $300K. Today the house is torn down and rebuilt.

Your campmate's cousin don't know. Supposedly told once, haunted house, must tear down to the ground and expose the land for 49 days, then start rebuilding. I supposed the new buyer knows:o
 
For $300k he could have demolished & build a new place himself :eek:
If a Medium/Priests could have succeeded, it would have only cost a few $k. :rolleyes:

Fully understand how he must have felt as we are already haunted by an old mans policies$$$ :)

$300K cannot demolish and build a new one, unless u are talking abt 1 room 1 hall:o
 
Your campmate's cousin don't know. Supposedly told once, haunted house, must tear down to the ground and expose the land for 49 days, then start rebuilding. I supposed the new buyer knows:o

if condo how? force enbloc and expose the land?

this viz@holland under construction

third floor maid kena murder db dumped there

this project sure damn suay
 
Back
Top