Property set for major collapse, here's why

[downgrader]

Congress cannot agree on deal terms.

Japan and China set to offload hundreds of billions in Treasuries

Rates will shoot up, already they have in interbank market despite fresh daily injection by the Fed.

SIBOR will lag but still rise

Properties in Singapore going to collapse, property stocks like CapitaLand and SC Global - high leveraged ones - will continue to slide

 

[silverspoon]

Congress cannot agree on deal terms.

Japan and China set to offload hundreds of billions in Treasuries

Rates will shoot up, already they have in interbank market despite fresh daily injection by the Fed.

SIBOR will lag but still rise

Properties in Singapore going to collapse, property stocks like CapitaLand and SC Global - high leveraged ones - will continue to slide

i thought they are closed to reaching a bail out package?

 

[tommyh]

Unload Tresuries into what?

Congress cannot agree on deal terms.

Japan and China set to offload hundreds of billions in Treasuries

Rates will shoot up, already they have in interbank market despite fresh daily injection by the Fed.

SIBOR will lag but still rise

Properties in Singapore going to collapse, property stocks like CapitaLand and SC Global - high leveraged ones - will continue to slide

 

[twochan]

The real reason is the rise in the cost of the primary energy supply of industrialised nations.

This will raise the cost of transportation worldwide, including shipping. More and more large companies are no longer outsourcing.

No matter what the government tries to re-invent the economy (hard disk, biopolis etc) based on cheap non-sustainable tricks (tax holiday, no minimal wage), Singapore fortunes still depends on it's strategic location in the shipping world.

So, unless we start seeing nuclear powered cargo freighters... but these will pose even greater potential environmental hazards.

 

[theblackhole]

singapore properties will never collapse lah. the gahment will make sure that the properties remain stable. otherwise, everything gone liao. so don't worry. property prices will not fall to disastrous levels. sleep well. singapore gahment is the best governance in the world. so don't worry.be happy. have a tiger on me!

 

[Frankiestine]

singapore properties will never collapse lah. the gahment will make sure that the properties remain stable. otherwise, everything gone liao. so don't worry. property prices will not fall to disastrous levels. sleep well. singapore gahment is the best governance in the world. so don't worry.be happy. have a tiger on me!

that is why the gov falsely maintain a high valuation for resale housing so that they can in turn sell their own new housing at inflated prices which they claim are bench mark against market price...

 

[Merl Haggard]

Congress cannot agree on deal terms.

Japan and China set to offload hundreds of billions in Treasuries

Rates will shoot up, already they have in interbank market despite fresh daily injection by the Fed.

SIBOR will lag but still rise

Properties in Singapore going to collapse, property stocks like CapitaLand and SC Global - high leveraged ones - will continue to slide

The credit market in America is frozen. Banks are refusing to lend to each other for fear of not being able to collect back.

Cash is King!

Allgreen's VIDA, next to United Square and Hong Fook's Skyline, next to Concource which were launched for sale two weeks ago, could not sell any unit, and developers have decided to withdraw them from the market.

 

[silverfox@]

Small developers will slash price. Big ones such as Far East, they don't drop price even when market is bad. They just keep the remaining ones for leasing purposes.

landed properties will only be slightly affected. Over the years, landed properties have this capital appreciation value in them not seen. Now you see them selling $2 million. In 10-20yrs time, it will not be below 2.5million. That is what I forsee. It could go beyond 3million.