- Joined
- Aug 7, 2008
- Messages
- 1,125
- Points
- 38
The way the economy is going, you must have really strong balls to not cut your losses!
Therefore I salute you!
Prices will halve as the Luma development leads the way
Last year, those property holders still telling people casino coming will be good for property. Now casino comatose liao
Now you walk into the bank and for most places 60% maximum, some places like Geylang or neraby don't even want to finance
So they already build in 40% cushion
That is on bank valuation, not the asking
Be prepared for massive crash
Cheerio....
Therefore I salute you!
Prices will halve as the Luma development leads the way
Last year, those property holders still telling people casino coming will be good for property. Now casino comatose liao
Now you walk into the bank and for most places 60% maximum, some places like Geylang or neraby don't even want to finance
So they already build in 40% cushion
That is on bank valuation, not the asking
Be prepared for massive crash
Cheerio....