Singapore - En Bloc

[kennynah]

Frankly, back in 2005 if you spotted 1 or 2 en-bloc units you millionaire liao, u need to have cash & luck.

i agree that one needs to be cash rich...in deep recessions, banks are always reluctant to lend...and so, only those with piles of dollar notes can benefit from the great singapore sale.

2013, maybe? if so, we have about 2 years to save up... for those bargain deals

[Chinaman]

2013, maybe? if so, we have about 2 years to save up... for those bargain deals

Wow! few minutes ago my daughter said exactly this statement to me...90% of the content similar.
She based-on the glut of over supply flooding the market...Now Maybank FD pay her 0.7% p.a., she choose to wait.

well 2 more yrs ahead, its difficult to forecast, unless you have a crystal ball...truth cash is king during recession time...i remembered in Mar 2009, my cash very useful...buy cheap car, cheap share OCBC & Keppel Corp only $4.00 CDL only $5.00....Ppty FH/LH average below $600PSF plenty for you to pick & choose...many others lelong lelong

[LenaHuat]

Come 2013, Roubini said a dangerous storm would come for the global economy:
http://www.cnbc.com/id/43659234

Come Jan 2013, Gartmen said that the PIIGS would go bankrupt within 18 months.
http://www.cnbc.com/id/43656127

So Chinaman's daughter, Kenny and I (of course ) have the same brainwave

[iam802]

Come 2013, Roubini said a dangerous storm would come for the global economy:
http://www.cnbc.com/id/43659234

Come Jan 2013, Gartmen said that the PIIGS would go bankrupt within 18 months.
http://www.cnbc.com/id/43656127

So Chinaman's daughter, Kenny and I (of course ) have the same brainwave

Enjoy the last ride up

Maybe, it will last a few months more only.

[LenaHuat]

The tender for Tulip Garden's 3rd attempt to en bloc closed yesterday. There is not even a whimper of news.

[winston]

En-bloc fever appears to be receding: Khaw By Joanne Chan

SINGAPORE: The days of en-bloc fever appear to be in the past, with new data released by the National Development Minister suggesting that such activity has slowed in recent years.

http://www.channelnewsasia.com/stories/ ... 81/1/.html

[iam802]

His key message is that the en-bloc owners added pressure to the resale market.

The truth is, as noted in his article, the market was already under pressure at that time (without the en-bloc activities).