My last warning to Singaporeans - better listen to me or get burn URA and SLA keep r

[†††††]

URA and SLA keep releasing land every month, the developers painted the picture as if the market is very buoyant, fill with investors and opportunities. And PAP govt keep releasing land for private development?

But in my opinion, either our government are run by a bunch of complete idiots or they just deliberately drives Singaporeans to a financial catastrophe or they are helping their developer friends, which I believe is either of these three. I hope I can save as many Singaporeans as possible.

Many stupidporeans just dun get it, especial the 60.1% brainwashed walking zombies. Let me explains

1) Singapore cannot be self sufficient, it needs external trades, China and United state.
2) United state and China are expected to face the financial meltdown somewhere in 2012 - 2015
3) during the coming financial meltdown, most trades and businesses will come to a slow down.
4) With less orders, almost all Singapore companies will downsize and cut staffs
5) Foreigners and Singaporeans alike will be given the marching orders
6) 200,000 - 500,000 foreigners are expected to leave Singapore.
7) many condos and landed properties will be vacant
8) PRs will return to their own country and leave behind many empty HDB flats

My Question to you
What do you think will be the prices of HDB flats and private residential by then?

 

[god_zeus]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

I check the future map of of the world
singapore is not there
is will be completelly sink

 

[singveld]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

FT and FW is going home.
I love it.
The price to pay is high, but worth it.
let the meltdown begin.

I dun understand why opposition would not want this? This is the only chance for you to take PAP power away. you should welcome it.

 

[Whats4]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

i have been waiting for the next great depression and world war.

 

[ChaoPappyPoodle]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

URA and SLA keep releasing land every month, the developers painted the picture as if the market is very buoyant, fill with investors and opportunities. And PAP govt keep releasing land for private development?

But in my opinion, either our government are run by a bunch of complete idiots or they just deliberately drives Singaporeans to a financial catastrophe or they are helping their developer friends, which I believe is either of these three. I hope I can save as many Singaporeans as possible.

Many stupidporeans just dun get it, especial the 60.1% brainwashed walking zombies. Let me explains

1) Singapore cannot be self sufficient, it needs external trades, China and United state.
2) United state and China are expected to face the financial meltdown somewhere in 2012 - 2015
3) during the coming financial meltdown, most trades and businesses will come to a slow down.
4) With less orders, almost all Singapore companies will downsize and cut staffs
5) Foreigners and Singaporeans alike will be given the marching orders
6) 200,000 - 500,000 foreigners are expected to leave Singapore.
7) many condos and landed properties will be vacant
8) PRs will return to their own country and leave behind many empty HDB flats

My Question to you
What do you think will be the prices of HDB flats and private residential by then?

1) No country is self-sufficient. But Singapore is perhaps one of the most retarded economically. When worldwide recession hits, Singapore has been one of the first countries to kenna recession. This is many thanks to the idiots that have managed our economy over the last 20 years. In our first 20+ years we could thank GKS and perhaps HSS for our economic prowess but for the last 20+ years we have been managed by maggots who have no idea what creating wealth really means except to enrich their pockets.

2) And many other countries too.

3) This is a given and that is why it is called a recession/depression.

4 & 5) This is to be expected but expect more Singaporeans to be given the proverbial butt kick. Singaporean bosses will look at reducing costs and in fact will actually hire more FTs if they can but reducing higher waged Singaporeans will be one of the top things to do in a recession.

6) I actually expect the number of FTs to be similar or even increase. Only a small percentage of FTs will return home. Most FTs in the low and middle income group are relatively stable here in that they spend very little by sharing accommodation. They will also be more in demand as companies seek to reduce costs and hire lower salaried employees. Only a very small percentage in the lower and middle income group will not manage to find alternative jobs and that is even if they are given marching orders. The higher income FTs will face a harder time but their larger salaries will again give them more buffer. These groups can move beyond Singapore, stay here or head back home without much issues for them for as long as they can find another job within 8-12 months.

Singaporeans will have to bear the brunt of any economic slowdown as they demand or require higher wages to pay for their sky-high homes. They will be first on the chopping block. Time and time again, it is seen that during economic slowdowns, it is those in the lower income (due to reduced orders) and middle income (due to cost cutting) who take the most crap.

7) this is to be expected and you should expect those with cash in hand to make more purchases. The middle income and lower income who cannot manage their mortgages will have to release their homes with either forfeitures or sales but likely at a loss or a huge reduction from pre-crisis days. You should include lots of default on HDB mortgages as well.

8) PR who have stayed here are a resilient lot and are actually quite well off compared to their Singaporean counterpart. Most are from 3rd world countries and most have homes back to head to in times of crisis here. They largely belong to the middle income group. If those in this group are hit hard, then can always head back home and hold out for up to 18 months without selling their flats. Most may even look to renting their flats while they head home. A simple letter to HDB saying that their grandfather is ill and they have to be home will allow them to rent their flats out. THe income from the HDB flats will allow them to live like medieval kings in their 3rd world countries. Some may find it a blessing as they may use the time to start businesses back home.

HDB prices will not drop by much. All the PAPpies have to do is to reduce the number of flats that they build. Buyers will have to make do with what is already available in the market. The biggest drop willl actually be in the more expensive homes as those who extended themselves may sell at a discount or face forfeitures. This is when the vultures will dive in for their killing.

While the poor always fret economic crises the rich look forward to it with a keen eye.

 

[singveld]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

if you do not speculate the property market. why are you afraid. It is those who borrow money from banks to speculate the price of property will go up that will die. And i rejoice for their demise, the sooner they jump from their condos, the better.

 

[zhihau]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

And i rejoice for their demise, the sooner they jump from their condos, the better.

大吉利事!
agree that property is for staying, not for speculation. if up-graders want to up-grade, they must do so within their means.
rejoicing in people's demise is truly uncalled for :o:o:o

 

[singveld]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

大吉利事!
agree that property is for staying, not for speculation. if up-graders want to up-grade, they must do so within their means.
rejoicing in people's demise is truly uncalled for :o:o:o

yeah it is, these people speculate the price of condo so people who want to live in it, cannot afford it.
It is payback time for people who get rich for speculating.
Just like bankers who loan the money, they all should jump.

 

[laksaboy]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

A property crash is a good thing: so I can swoop in and purchase a nice dwelling place at a bargain.

There is a difference between investment and speculation, and you're a bloody fool to have placed all your eggs in the same real estate basket. What happened to diversification?

 

[sleaguepunter]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

yeah it is, these people speculate the price of condo so people who want to live in it, cannot afford it.
It is payback time for people who get rich for speculating.
Just like bankers who loan the money, they all should jump.

the rich will be insulated during recession, they can sit out the recession comfortably even their wealth slash by half. it those "act" rich who borrow heavily from banks that will get trouble. of course those home owners who brought high and finance by huge bank loan will also in trouble when their property value fell below their bank loan amount. it will be an interesting time, remember cash is king. while i know not nice to take advantage of ppl in trouble but this will be a good time to buy low. i hope i can pick up a cheap property then.

 

[flkyflky]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

Crash the whole fucking shit of it to the point of never return, and sink this down at the bottom for eternity.

I sincerely LOVE that.

 

[greedy and cunning]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

URA and SLA keep releasing land every month, the developers painted the picture as if the market is very buoyant, fill with investors and opportunities. And PAP govt keep releasing land for private development?

But in my opinion, either our government are run by a bunch of complete idiots or they just deliberately drives Singaporeans to a financial catastrophe or they are helping their developer friends, which I believe is either of these three. I hope I can save as many Singaporeans as possible.

Many stupidporeans just dun get it, especial the 60.1% brainwashed walking zombies. Let me explains

1) Singapore cannot be self sufficient, it needs external trades, China and United state.
2) United state and China are expected to face the financial meltdown somewhere in 2012 - 2015
3) during the coming financial meltdown, most trades and businesses will come to a slow down.
4) With less orders, almost all Singapore companies will downsize and cut staffs
5) Foreigners and Singaporeans alike will be given the marching orders
6) 200,000 - 500,000 foreigners are expected to leave Singapore.
7) many condos and landed properties will be vacant
8) PRs will return to their own country and leave behind many empty HDB flats

My Question to you
What do you think will be the prices of HDB flats and private residential by then?

in sillypour , the sillipoureans firmly believed that only sicallers are the talented one who can think like this.
are u are sicaller ?

you can explain till the cows come home , we just don't would not understand it . :p :p :p
besides , what u said is just one of the many possible scenario that could occur.

 

[greedy and cunning]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

it will be an interesting time, remember cash is king. while i know not nice to take advantage of ppl in trouble but this will be a good time to buy low. i hope i can pick up a cheap property then.

that's exactly how the billionaire Li Ka shing made his first bucket of gold. there are also many beri rich millionaires , but he is the one who dared
to buy the cheap heap properties.

 

[Simbian]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

1) No country is self-sufficient. But Singapore is perhaps one of the most retarded economically. When worldwide recession hits, Singapore has been one of the first countries to kenna recession. This is many thanks to the idiots that have managed our economy over the last 20 years. In our first 20+ years we could thank GKS and perhaps HSS for our economic prowess but for the last 20+ years we have been managed by maggots who have no idea what creating wealth really means except to enrich their pockets.

They can't help it. They like to give excuse to say that Singapore is very exposed to international trade but I can tell you the real reason is that Singapore's export economy remains low on the international food chain. America and Europe might be in recession but if you look at its big corps, they continue to enjoy record profits year after year. Just look at Apple during the supposedly financial crisis... simi recession?

The higher on the food chain, the better you are positioned to survive in tough times. The poor might cringe in adversity, but the rich drool and continue to gobble up more stuff.

 

[Charlie258]

Re: My last warning to Singaporeans - better listen to me or get burn URA and SLA ke

URA and SLA keep releasing land every month, the developers painted the picture as if the market is very buoyant, fill with investors and opportunities. And PAP govt keep releasing land for private development?

But in my opinion, either our government are run by a bunch of complete idiots or they just deliberately drives Singaporeans to a financial catastrophe or they are helping their developer friends, which I believe is either of these three. I hope I can save as many Singaporeans as possible.

Many stupidporeans just dun get it, especial the 60.1% brainwashed walking zombies. Let me explains

1) Singapore cannot be self sufficient, it needs external trades, China and United state.
2) United state and China are expected to face the financial meltdown somewhere in 2012 - 2015
3) during the coming financial meltdown, most trades and businesses will come to a slow down.
4) With less orders, almost all Singapore companies will downsize and cut staffs
5) Foreigners and Singaporeans alike will be given the marching orders
6) 200,000 - 500,000 foreigners are expected to leave Singapore.
7) many condos and landed properties will be vacant
8) PRs will return to their own country and leave behind many empty HDB flats

My Question to you
What do you think will be the prices of HDB flats and private residential by then?

Many years ago, my drinking buddy, a CEO of a listed company, predicted that China would be master of Singapore someday. Today, we can see that China is banker, sponsor, patron and financier of USA and Europe. And everybody knows the two: USA and Europe are Master of Singapore(see who's kukuchye the SPG's suck!!!!!). So by extension, China is Master of little Sinkiepoo already.

To be fair to the man in the street, most people were saying this already, not just my high-flier drinking buddy.

But what no-one can imagine is, Malaysia may one day dominate over Singapore. Yes, even without having to use the Water trump card.

Singapore economy is an inherently flawed model. Too dependent on Outsider/Foreign support. Cannot 'stand alone.' Like you say, if the Major Powers crash, Sinkiepoo is in trouble.

Malaysia and Indon? Whether USA, Europe, Japan exist or not, is not an issue with them. They can go it alone. Can Sinkiepoo go it alone?