SAME CONDO: $690 FOR FT, $980k for SG

[makapaaa]

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Coffeeshop Chit Chat - SAME CONDO: $690 FOR FT, $980k for SG</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>LauZoeTay <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>3:37 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>18006.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>
http://groups.google.com.fj/group/soc.culture.singapore/browse_thread/thread/dcecf63edee608dc#
Huge crowds gather each time a new condo project is luanched. Many bought
these units thinking they had a good buy. many of these buyers are just
kiasu and followed the herd mentality. One sheep jump over the cliff and the
rest follow.

The truth is that they are paying much higher than foreigners. Many of these
developments are already presold to foreigners in Indonesia, Malaysia,
Thailand, taiwan and Hongkong, before being offered to Singaporeans. Many
foreigners bought these units at a much lower price. For example, a similar
unit sold in Indonesia at $690,000 ( conveyance and stamp fee included) is
priced at $980,000 here at a soft launch!

Go to any sales office and one can actually sense the "take it or leave it
attitude" of these developers. When did developers become so cocky
especially so many people are still jobless and bankruptcy is still on the
rise? The answer is that they already presold a good percentage of their
developments overseas!
Buyers beware!


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[SamuelStalin]

So they have been taking the locals for idiots all along. Cool.

Well even though we don't exactly live in public housing but we can tell that Asian property developers are worse than animals.

A friend we talked to, despised property people be it those developers or sales people (whom in bitter irony can't really actually buy the very product they are trying to sell to the general public for a paltry commission) because from his perspective that we agree it is true that to provide a person with a place to live, or a more decent one, is something another could do as a form of helping a fellow human, and not profit or even grossly at that.

It would be nice to see these extreme opportunists and profiteers all plunge off the top of their glorious skyscrapers and cheesy Mickey Mouse condominiums (that are no different from flats in reality other than a few extras thrown in like a tennis court, a swimming pool and security and of course, nosey neighbors).

 

[yellow_people]

So they have been taking the locals for idiots all along. Cool.

The local Chink is an idiot. Who the fuck else would buy a property at a price he can ill afford?

 

[angry_one]

Sg property market is a joke. You pay so much and get a PATHETIC little hole with a living room too small to entertain guests. And developers are squeezing every little plot of land to built whatever condo they can squeeze into. Seriously, many of these makeshift condos don't give you a good standard of living at all.

 

[waliwali]

It's called demand and supply. When you have limited land and more FTs or overseas investors, it is inevitable that prices would rise. If the land is limited in supply, the only way for prices to fall is the exit of these FTs or overseas investors.

 

[SamuelStalin]

It's called demand and supply. When you have limited land and more FTs or overseas investors, it is inevitable that prices would rise.

And the foreigners pay much less for these flat-imitates than the locals.

 

[SamuelStalin]

Sg property market is a joke. You pay so much and get a PATHETIC little hole with a living room too small to entertain guests. And developers are squeezing every little plot of land to built whatever condo they can squeeze into. Seriously, many of these makeshift condos don't give you a good standard of living at all.

Still better than Hong Kong.

 

[Papsmearer]

So they have been taking the locals for idiots all along. Cool.

Well even though we don't exactly live in public housing but we can tell that Asian property developers are worse than animals.

A friend we talked to, despised property people be it those developers or sales people (whom in bitter irony can't really actually buy the very product they are trying to sell to the general public for a paltry commission) because from his perspective that we agree it is true that to provide a person with a place to live, or a more decent one, is something another could do as a form of helping a fellow human, and not profit or even grossly at that.

It would be nice to see these extreme opportunists and profiteers all plunge off the top of their glorious skyscrapers and cheesy Mickey Mouse condominiums (that are no different from flats in reality other than a few extras thrown in like a tennis court, a swimming pool and security and of course, nosey neighbors).

Why u have to talk to a friend? U cannot make up your own opinion meh? U seem pretty pathetic to me. Property developers are like any other business people. They are in it to make money. Its called capitalism. Its no difference from the guy selling computers, or cars. If they want to "help a fellow human", they would have become priests, ok? None of these property developers put a gun to the head of the buyer and forced him to buy the unit. If they made money, its because they charge what the market can bear, and people are WILLING to pay their asking price. When business is bad, they lose everything too. So, its a boom and bust cycle for them. Next time, get your brains out of your ass before u open your mouth. Moron.