Serious THE ONE SURE SIGN OF RECESSION IN SINGAPORE IS CLEAR FOR ALL TO SEE. DID YOU SEE IT?

[ahleebabasingaporethief]

OVER THE DECADES, THIS SIGN NEVER FAIL TO APPEAR WHENEVER A RECESSION HITS SINGAPORE.

IT IS THERE FOR ALL TO SEE.

IT IS ALSO A LAST CALLING FOR THE SUCKERS' TRAIN.

HOW MANY OF YOU HAVE JUST HOPPED ON BOARD?

BE CAREFUL AND MINDFUL AND PREPARE YOUR PLAN B and PLAN C......if you have any.



THE SIGN I AM TALKING ABOUT?

WHEN ALL BIG , MEDIUM , SMALL PROPERTY DEVELOPERS START AGGRESSIVE ADVERTISEMENTS TO LAUNCH THEIR NEW HOMES.

SUCKERS BEWARE, ESPECIALLY THOSE OWN DUAL INCOME PLANNING PROPERTY PURCHASES.....IF ONE OF YOU LOSE YOUR JOB?

THIS SIGN IS FAIL PROOF.

DO YOUR OWN DD.

 

[laksaboy]

Indeed, I stay in HDB and I have people hired by property agencies frequently stuffing leaflets in the door grille, and those leaflets feature high SES condos in Bukit Timah, central city area etc.

This is quite unprecedented. Previously the only leaflets from those real estate goons were : 'If you want to sell your HDB, call me!' kind of self-promotion advertising.

 

[aerobwala]

Different developers in Suntech Conventional Hall every weekend.

 

[Pinkieslut]

View attachment 61111View attachment 61111
Different developers in Suntech Conventional Hall every weekend.

Sounds like Gong Li movie about perseverance during hardships.

Will she there to do promotions?

 

[laksaboy]

Sounds like Gong Li movie about perseverance during hardships.

Will she there to do promotions?

I doubt Zhang Yimou wants to fuck her anymore.

 

[halsey02]

OVER THE DECADES, THIS SIGN NEVER FAIL TO APPEAR WHENEVER A RECESSION HITS SINGAPORE.

IT IS THERE FOR ALL TO SEE.

IT IS ALSO A LAST CALLING FOR THE SUCKERS' TRAIN.

HOW MANY OF YOU HAVE JUST HOPPED ON BOARD?

BE CAREFUL AND MINDFUL AND PREPARE YOUR PLAN B and PLAN C......if you have any.



THE SIGN I AM TALKING ABOUT?

WHEN ALL BIG , MEDIUM , SMALL PROPERTY DEVELOPERS START AGGRESSIVE ADVERTISEMENTS TO LAUNCH THEIR NEW HOMES.

SUCKERS BEWARE, ESPECIALLY THOSE OWN DUAL INCOME PLANNING PROPERTY PURCHASES.....IF ONE OF YOU LOSE YOUR JOB?

THIS SIGN IS FAIL PROOF.

DO YOUR OWN DD.

You are harbinger of bad tidings, ought to be flogged & dragged through the streets. This is FEEL GOOD year, it is MERDEKA GENERATION plus CENTENNIAL, where you get to know, Sang Nila Utama, Sir Stamford Raffles..but the omitted the one & only founder, LEE KUAN YEW.

You turn on the paid channels, you get the song & dance about how the MERDEKA GENERATION will be rewarded & how, we came to be STINKERPORE...
No need plan A. B. & C ...or Z. All the people of Stinkerpore needs is PAP PLAN, it is the best. They are your PAST, PRESENT & FUTURE.

Why you harbinger of bad tidings...PRICK THE BALLOONS... the PAP will be calling you a PRICK!... ha ha ha ha ha...will the 70% listen?

 

[Soul]

Recession in Singapore? Then why increase GST?

 

[halsey02]

Recession in Singapore? Then why increase GST?

To help the POOR..

 

[laksaboy]

Recession in Singapore? Then why increase GST?

GST is recession-proof.

 

[halsey02]

GST is recession-proof.

It increases with every recession...

 

[whoami]

Recession in Singapore? Then why increase GST?

Where got recession. Interest cheap cheap fm banks.

 

[Soul]

Where got recession. Interest cheap cheap fm banks.

Cheap interest rate is to bail out the developers, just look at the unsold condos that are going to complete in the next 36 months

 

[red amoeba]

GST and ERP are two nice instruments to help the poor.

 

[Hypocrite-The]

Where have I heard tat b4? Few years back property developers were also aggressively selling etc n It was also a sign of bad times. And not long later prices went up. So wat gives?


BUSINESS
New private homes see highest June sales in 6 years; more snapping up freehold condos
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New private homes see highest June sales in 6 years; more snapping up freehold condos
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New private homes see highest June sales in 6 years; more snapping up freehold condos

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05:36
The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units. Cheryl Lin and Elizabeth Neo report.
2
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By Alison Jenner
15 Jul 2019 04:03PM
(Updated: 15 Jul 2019 10:50PM)
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SINGAPORE: The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units.

Excluding executive condominiums (ECs), developers sold 821 homes in June - when sales are typically slower because of the school holidays.

Advertisement
This is an increase of 25.5 per cent compared with the 654 units sold in the same month last year, and is despite a decline in the number of project launches, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jul 15).

It was also the highest June monthly sales since 2013, when 1,806 homes were sold.

READ: British billionaire James Dyson snaps up Singapore's priciest penthouse

Compared with May, however, new private home sales fell 13.8 per cent.

Advertisement
SCROLL TO CONTINUE WITH CONTENTSCROLL TO CONTINUE WITH CONTENT
"Despite the implementation of the cooling measures and heightened volatility arising from the escalation of the US-China trade tension, the return of confidence points to sound fundamentals, rising affluence and ample liquidity in Singapore real estate," said Ms Christine Li, head of research for Singapore and Southeast Asia at Cushman & Wakefield.

"Investors with a long-term view are fully cognizant of the value that Singapore real estate offers, beyond the vagaries of cyclical price movements and cooling measures," she added.

READ: Commentary: Who’s buying private property after last year’s cooling measures?

FEWER CHOICES FOR BUYERS


The stronger sales come despite a dearth of new inventory for buyers to choose from. In June, developers released 670 new homes for sale, down 51.9 per cent from the 1,394 units released in May and 7.7 per cent from the 726 homes launched in June last year.

There were also only four new projects launched last month - Sky Everton, Lattice One, Seraya Residences and Sloane Residences - compared with nine in May.

"We have to bear in mind that the month of June observed school holidays and there was a lower number of newer projects launched. Hence, with a total of 821 units being sold for the month of June, this is a credible sales performance," said PropNex Realty CEO Ismail Gafoor.

READ: URA guidelines change for new condos: All you need to know

RISING NUMBER OF FREEHOLD CONDOS SOLD

One of the primary contributors to June's sales was freehold development Sky Everton, where 134 out of the 262 units launched were sold, at a median price of S$2,523 per sq ft (psf).

Trailing closely was 99-year leasehold Treasure At Tampines, which sold 70 units at a median price of S$1,320 psf.

Ms Christine Sun, head of research and consultancy at OrangeTee, noted that the market has seen a surge in the number of new freehold condos being sold.

According to URA's transaction data, 250 non-landed new freehold units were sold last month, while 316 units were transacted in May, Ms Sun pointed out.

READ: Government reduces supply of land for private housing as demand continues to slow

The previous highest number of new freehold condo sales recorded was in September 2013, when 439 units were sold.

"The uptrend is expected to continue as more freehold units will be launched in the coming months," said Ms Sun.

"It is rare to have a good selection of premium, freehold projects being launched at choice locations. This could be a good opportunity for buyers to snag a freehold property; otherwise they may have to wait for the next collective sales cycle that is likely to take place many years down the road," she added.
Source: CNA/aj(cy)
Tagged Topics
property

https://www.channelnewsasia.com/new...t-june-sales-freehold-condos-popular-11721044

 

[syed putra]

Cheap interest rate is to bail out the developers, just look at the unsold condos that are going to complete in the next 36 months

Hongkies will buy the entire lot

 

[knowwhatyouwantinlife]

Hongkies will buy the entire lot

Most likely will be revisit of pre 1999 property prices soon...now just tweaking the mechanism to bring them in

 

[knowwhatyouwantinlife]

Where have I heard tat b4? Few years back property developers were also aggressively selling etc n It was also a sign of bad times. And not long later prices went up. So wat gives?


BUSINESS
New private homes see highest June sales in 6 years; more snapping up freehold condos
Toggle share menu
Jump to top
New private homes see highest June sales in 6 years; more snapping up freehold condos
Business
New private homes see highest June sales in 6 years; more snapping up freehold condos

>
05:36
The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units. Cheryl Lin and Elizabeth Neo report.
2
related media assets (image or videos) available. Click to see the gallery.
By Alison Jenner
15 Jul 2019 04:03PM
(Updated: 15 Jul 2019 10:50PM)
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Bookmark

SINGAPORE: The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units.

Excluding executive condominiums (ECs), developers sold 821 homes in June - when sales are typically slower because of the school holidays.

Advertisement
This is an increase of 25.5 per cent compared with the 654 units sold in the same month last year, and is despite a decline in the number of project launches, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jul 15).

It was also the highest June monthly sales since 2013, when 1,806 homes were sold.

READ: British billionaire James Dyson snaps up Singapore's priciest penthouse

Compared with May, however, new private home sales fell 13.8 per cent.

Advertisement
SCROLL TO CONTINUE WITH CONTENTSCROLL TO CONTINUE WITH CONTENT
"Despite the implementation of the cooling measures and heightened volatility arising from the escalation of the US-China trade tension, the return of confidence points to sound fundamentals, rising affluence and ample liquidity in Singapore real estate," said Ms Christine Li, head of research for Singapore and Southeast Asia at Cushman & Wakefield.

"Investors with a long-term view are fully cognizant of the value that Singapore real estate offers, beyond the vagaries of cyclical price movements and cooling measures," she added.

READ: Commentary: Who’s buying private property after last year’s cooling measures?

FEWER CHOICES FOR BUYERS


The stronger sales come despite a dearth of new inventory for buyers to choose from. In June, developers released 670 new homes for sale, down 51.9 per cent from the 1,394 units released in May and 7.7 per cent from the 726 homes launched in June last year.

There were also only four new projects launched last month - Sky Everton, Lattice One, Seraya Residences and Sloane Residences - compared with nine in May.

"We have to bear in mind that the month of June observed school holidays and there was a lower number of newer projects launched. Hence, with a total of 821 units being sold for the month of June, this is a credible sales performance," said PropNex Realty CEO Ismail Gafoor.

READ: URA guidelines change for new condos: All you need to know

RISING NUMBER OF FREEHOLD CONDOS SOLD

One of the primary contributors to June's sales was freehold development Sky Everton, where 134 out of the 262 units launched were sold, at a median price of S$2,523 per sq ft (psf).

Trailing closely was 99-year leasehold Treasure At Tampines, which sold 70 units at a median price of S$1,320 psf.

Ms Christine Sun, head of research and consultancy at OrangeTee, noted that the market has seen a surge in the number of new freehold condos being sold.

According to URA's transaction data, 250 non-landed new freehold units were sold last month, while 316 units were transacted in May, Ms Sun pointed out.

READ: Government reduces supply of land for private housing as demand continues to slow

The previous highest number of new freehold condo sales recorded was in September 2013, when 439 units were sold.

"The uptrend is expected to continue as more freehold units will be launched in the coming months," said Ms Sun.

"It is rare to have a good selection of premium, freehold projects being launched at choice locations. This could be a good opportunity for buyers to snag a freehold property; otherwise they may have to wait for the next collective sales cycle that is likely to take place many years down the road," she added.
Source: CNA/aj(cy)
Tagged Topics
property

https://www.channelnewsasia.com/new...t-june-sales-freehold-condos-popular-11721044

They have to aggressively market before the recession if not may need to open legs or soylent green

 

[whoami]

Cheap interest rate is to bail out the developers, just look at the unsold condos that are going to complete in the next 36 months

I know. I am being sarcastic. Look at the papers. Manufacturing figures...non oil domestic export figures..., electronics.... all pointing south. Technical recession imminent. Yet..ahem... someone said theres no recession.

Surprising our boarse still up up up. Careful there....

 

[halsey02]

I know. I am being sarcastic. Look at the papers. Manufacturing figures...non oil domestic export figures..., electronics.... all pointing south. Technical recession imminent. Yet..ahem... someone said theres no recession.

Surprising our boarse still up up up. Careful there....

Yeah! careful with your health....many must, soon, with a glut in number of private housing units, plus HDB ones...one can see, the aggressive constructions by both & one wonders of the real life demand for them out there. Never mind the boarse is still up...soon, many will go up the hearse.

 

[laksaboy]

Where have I heard tat b4? Few years back property developers were also aggressively selling etc n It was also a sign of bad times. And not long later prices went up. So wat gives?


BUSINESS
New private homes see highest June sales in 6 years; more snapping up freehold condos
Toggle share menu
Jump to top
New private homes see highest June sales in 6 years; more snapping up freehold condos
Business
New private homes see highest June sales in 6 years; more snapping up freehold condos

>
05:36
The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units. Cheryl Lin and Elizabeth Neo report.
2
related media assets (image or videos) available. Click to see the gallery.
By Alison Jenner
15 Jul 2019 04:03PM
(Updated: 15 Jul 2019 10:50PM)
Share this content




Bookmark

SINGAPORE: The sale of new private homes in June was the highest for the month in six years, with more buyers snapping up freehold condominium units.

Excluding executive condominiums (ECs), developers sold 821 homes in June - when sales are typically slower because of the school holidays.

Advertisement
This is an increase of 25.5 per cent compared with the 654 units sold in the same month last year, and is despite a decline in the number of project launches, according to data released by the Urban Redevelopment Authority (URA) on Monday (Jul 15).

It was also the highest June monthly sales since 2013, when 1,806 homes were sold.

READ: British billionaire James Dyson snaps up Singapore's priciest penthouse

Compared with May, however, new private home sales fell 13.8 per cent.

Advertisement
SCROLL TO CONTINUE WITH CONTENTSCROLL TO CONTINUE WITH CONTENT
"Despite the implementation of the cooling measures and heightened volatility arising from the escalation of the US-China trade tension, the return of confidence points to sound fundamentals, rising affluence and ample liquidity in Singapore real estate," said Ms Christine Li, head of research for Singapore and Southeast Asia at Cushman & Wakefield.

"Investors with a long-term view are fully cognizant of the value that Singapore real estate offers, beyond the vagaries of cyclical price movements and cooling measures," she added.

READ: Commentary: Who’s buying private property after last year’s cooling measures?

FEWER CHOICES FOR BUYERS


The stronger sales come despite a dearth of new inventory for buyers to choose from. In June, developers released 670 new homes for sale, down 51.9 per cent from the 1,394 units released in May and 7.7 per cent from the 726 homes launched in June last year.

There were also only four new projects launched last month - Sky Everton, Lattice One, Seraya Residences and Sloane Residences - compared with nine in May.

"We have to bear in mind that the month of June observed school holidays and there was a lower number of newer projects launched. Hence, with a total of 821 units being sold for the month of June, this is a credible sales performance," said PropNex Realty CEO Ismail Gafoor.

READ: URA guidelines change for new condos: All you need to know

RISING NUMBER OF FREEHOLD CONDOS SOLD

One of the primary contributors to June's sales was freehold development Sky Everton, where 134 out of the 262 units launched were sold, at a median price of S$2,523 per sq ft (psf).

Trailing closely was 99-year leasehold Treasure At Tampines, which sold 70 units at a median price of S$1,320 psf.

Ms Christine Sun, head of research and consultancy at OrangeTee, noted that the market has seen a surge in the number of new freehold condos being sold.

According to URA's transaction data, 250 non-landed new freehold units were sold last month, while 316 units were transacted in May, Ms Sun pointed out.

READ: Government reduces supply of land for private housing as demand continues to slow

The previous highest number of new freehold condo sales recorded was in September 2013, when 439 units were sold.

"The uptrend is expected to continue as more freehold units will be launched in the coming months," said Ms Sun.

"It is rare to have a good selection of premium, freehold projects being launched at choice locations. This could be a good opportunity for buyers to snag a freehold property; otherwise they may have to wait for the next collective sales cycle that is likely to take place many years down the road," she added.
Source: CNA/aj(cy)
Tagged Topics
property

https://www.channelnewsasia.com/new...t-june-sales-freehold-condos-popular-11721044

You see, the 'nation-building' press and the property developers/agents publish such articles from time to time to hype up the property market. Same for those photos of crowds at showflats you sometimes see in the photos. And once in a while, tv interview airtime with some real estate 'analyst' or 'expert'.

It's marketing, not journalism. It's deceit, not truth.