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The investment thread (Finally)

I think so. Nearby Bayshore Residential Resort in Manila Bay was launched at S$300-330 psf last year . hi-end new condos in Makati (existing downtown business, financial district) selling at above S$500 psf. Monarch selling at about S$380 psf. I think low/mid-range completed project is already selling at around S$350psf (eg Sun Residences).

Property price increase in recent years is modest compared to Spore, Thai and Malaysia.... But looking ahead, prospects look postive under current government.

Manila bay is like Nusajaya- pretty empty now - but with big developments going on. Expect new wide roads, greenery, modern buildings..etc. My bet is that price will increase substantially when several key projects are completed progressively by 2016-20. Read trip advisor review by those who have been to to Solaire Casino Resort which just opened in Mar 2013. Its an entertainment city with several casinos, theme park, yacht club, convention centre....


u think Monarch is good buy?
 
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Living in Manila city is never fun. Every shopping places you go you need to be searched for bombs.. Bad traffics and pimps everywhere.. Agree that their economy is getting better and most people speak english. However it is one of the countries that I want to get home immediately after landed at airport.. However I am not sure about the country side or other parts of philippines that are more quiet and tourist friendly..

For those who find the prices in Iskandar too high already, can check out Phillipines Manila Bay area. Several casinos under construction (including Resorts World Manila Bayshore, The Belle Grande) and Solaire Resorts and Casinos just opened this year.

am looking at Monarch Parksuites (google for details). Fully furnished at abt s$380psf for small studio (28sqm).
 
I hope to make 15-fold in 15 years time. Possible? :)
Not neccesary, Jb ppty resell value esp condo still highly untested. Local do not have the orgasm on condo as singaporean do, whole jb area incl danga will deliver >30k units and everyone are rushing for the hype expect to buy condo and resell it in near future for quick profit. When everyone rushing to buy, u should sell; Nothing to sell, avoid it. Buy landed G&G better as it more scarce.
 
Not neccesary, Jb ppty resell value esp condo still highly untested. Local do not have the orgasm on condo as singaporean do, whole jb area incl danga will deliver >30k units and everyone are rushing for the hype expect to buy condo and resell it in near future for quick profit. When everyone rushing to buy, u should sell; Nothing to sell, avoid it. Buy landed G&G better as it more scarce.

The problem with landed in JB is that they are not safe. Even ministers landed in KL can be robbed, dun talk abt commom folks in JB....
 
Not neccesary, Jb ppty resell value esp condo still highly untested. Local do not have the orgasm on condo as singaporean do, whole jb area incl danga will deliver >30k units and everyone are rushing for the hype expect to buy condo and resell it in near future for quick profit. When everyone rushing to buy, u should sell; Nothing to sell, avoid it. Buy landed G&G better as it more scarce.

Developers r now changing plans to sell condos instead of terraces. That's y terraces supply is coming down. Clusters, semi-Ds n bungalows still command fat profits, so once a while supply comes on stream. But on e whole not many landed launches now.
 
The problem with landed in JB is that they are not safe. Even ministers landed in KL can be robbed, dun talk abt commom folks in JB....

what do robbers want.? money and valuables. If they think a house occupants has not much money and valuables, they won't rob the house. my whole family stayed in landed in KL and its suburbs for decades. no break ins (touch wood). of course m'sia is not as safe as singapore. but then, not many places in the world are.
 
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so have you invested in Monarch Parksuites? they have launched the project in Singapore? can't find much information about the project.
 
so have you invested in Monarch Parksuites? have they launched the project in singapore? can't find much information from the internet though.
 
what do robbers want.? money and valuables. If they think a house occupants has not much money and valuables, they won't rob the house. my whole family stayed in landed in KL and its suburbs for decades. no break ins (touch wood). of course m'sia is not as safe as singapore. but then, not many places in the world are.

not really true. I have a colleague who is not really rich but her house was broken into . even her gate was taken away !
 
The problem with landed in JB is that they are not safe. Even ministers landed in KL can be robbed, dun talk abt commom folks in JB....

I.am.surprised his house is not guarded. Even the developer of paragon residence has his mansion guarded (appears to be by police, or security guards)
 
The problem with landed in JB is that they are not safe. Even ministers landed in KL can be robbed, dun talk abt commom folks in JB....

I said landed gated and guarded, unless robber cut the fence and break in from far away...if not it is also foreigner prefered choice besides condo...
 

Recently went to Genting Highland. the place now is exploding with so many chinese tourists! busloads after busloads! Must buy Genting shares now! the outdoor theme park will be closed for years for revamp and new rides. Sad because i really enjoy the rides (cannot be compared to USS of course but heck, what do you expect when you pay SGD22 vs SGD7X at USS for one day pass AND i can walk around genting theme park without breaking a drop of sweat - before i even enter the USS entry barrier, i am already perspiring) but would be looking forward to the new facilities when it reopens
 
Lee Kuan Yew airs concern about Iskandar

SINGAPORE, Aug 6 — Singapore’s first prime minister, Lee Kuan Yew, warned against the risks in helping to develop an economic zone in neighbouring Malaysia, adding that the wealthy city-state he helped build might not be around in 100 years if it did not pick good leaders.
“I am absolutely sure that if Singapore gets a dumb government, we are done for,” Lee, who turns 90 next month, wrote in One Man’s View of the World, a book launched today.
Losing none of the candour that made him one of Asia’s most influential leaders, Lee had sharp words for some of Singapore’s neighbours, in particular Malaysia, from which Singapore split in 1965, amid ethnic tension between its Malay majority and the Chinese minority.
Lee also spoke about risks involved in the Iskandar economic zone that Malaysia is developing just north of Singapore, which has attracted large investments from the city-state.
Singapore Prime Minister Lee Hsien Loong, Lee’s eldest son, and Malaysian Prime Minister Najib Razak have both promoted Iskandar, which many believe can complement Singapore, just as Shenzhen has helped Hong Kong overcome its space constraints.
“This is an economic field of co-operation in which, you must remember, we are putting investments on Malaysian soil,” Lee said. “And at the stroke of a pen they can take it over.”
Lee appeared alert but frail at the launch event, requiring assistance to stand and walk about. He did not take questions, but said his 400-page book recounted “90 years of various experiences” and included hard facts and hard truths.
Risks of ‘dumb government’
Lee Kuan Yew is widely credited with building Singapore into one of the world’s wealthiest nations with a strong, pervasive role for the state and little patience for dissent.
His influence extended beyond the tiny population of 5.3 million, as the city-state’s economic success served as a model for many developing countries, including China under Deng Xiaoping, and he still garners respect from global leaders.
In his book, Lee says he met Chinese President Xi Jinping in November 2007 in the communist leader’s first meeting with a foreign leader after he was promoted to the Politburo Standing Committee.
“He struck me as a man of great breadth,” said Lee, praising the way Xi endured various trials and tribulations and worked his way up through the Communist party.
“I would put him in the Nelson Mandela class of persons.”
Although China is becoming increasingly powerful, Lee said the United States’ economic prowess was unlikely to wane, due to its innovation skills that lead to gadgets such as the iPad.
But it was worrying that President Barrack Obama had recently lost several of his aides, Lee added. “That such experienced advisers have left him is not a good sign.”
I have done my job.” — Lee Kuan Yew
Lee stepped down as prime minister in 1990, handing power to Goh Chok Tong, but remaining influential as senior minister in Goh’s cabinet and subsequently as “minister mentor” when Lee Hsien Loong became prime minister in 2004.
The elder Lee resigned from his cabinet position in 2011 after his long-ruling People’s Action Party (PAP) stumbled to its worst electoral showing since independence in 1965.
On his fears for the future of Singapore, Lee, who once famously vowed to rise from his grave if something went wrong with the country, now seems ready to let fate run its course.
“I have done my job,” he said. “I found a successor and handed over to another generation... I cannot live forever as a young, vigorous 40- or 50-year-old.” — Reuters
 
The cooling measures in SG r helping JB. The govt shd share its GIC n Temasek returns via higher interest in e CPF n special bonds to lock e wealth within SG, but instead e wealth has gone into some black holes.
 
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