Comments on: Panzer’s Predictions for 2010

By: skeptic

skeptic — Thu, 31 Dec 2009 23:24:12 +0000

Well.. whether it goes up or not. Buying property is like putting most of your networth in one basket. There is very little diversification plus no actual cash flow or liquidity.. but then again I no longer live in Singapore so this is my outsider's view that it is a bubble. .-= skeptic´s last blog ..Lip service of the PAP =-.

By: Panzer

Panzer — Mon, 28 Dec 2009 09:01:20 +0000

Hi Skeptic

No-one can foretell the future. But I believe the Government would not allow property prizes to free-fall as it will impact on all the voters who owned homes.

The Govt has shown that it is prepared to curb speculative bubbles in property market e.g. removal of deferred interest scheme etc and increasing supply of land through land sales.

So long as housing demand for residential stay is still here, property prices will continue to move upwards but volatility will still occur e.g. subprime depressing sentiment.
.-= Panzer´s last blog ..CIMB Starsaver Deposit Rates =-.

By: skeptic

skeptic — Sun, 27 Dec 2009 09:50:38 +0000

As for the HDB, it will keep rising as long as more and more foreigners are absorbed. But how many foreigners can Singapore absorb? Only three possible different outcomes. One is the prices keep rising indefinitely and the PAP always finds some way to squeeze in more people indefinitely but at a cost to the quality of life (more crowded). The second is the population hits a plateau and the prices remain stagnant while true inflation catches up. The third is it would come crashing down because the need for foreigners suddenly dropped and the population crashes down (Singapore finds an excess of property). I think in the long term only scenario two or three is likely, let’s hope it is scenario two since the people will feel less pain.

By: seenthisscenethat

seenthisscenethat — Thu, 24 Dec 2009 15:35:19 +0000

Hi Panzer

Another Christmas, another New Year.
Whatever the century, decade or year
It’s the period for Greeting and cheer.
Merry Christmas and Happy New Year!

Seen This Scene That
.-= seenthisscenethat´s last blog ..Seen This Scene That Christmas Greetings =-.

By: Panzer

Panzer — Wed, 23 Dec 2009 14:13:43 +0000

Hi NTU Chartist

Have a Happy New Year 2010 and all the best.

Be well and prosper.
.-= Panzer´s last blog ..CIMB Starsaver Deposit Rates =-.

By: NTU chartist

NTU chartist — Tue, 22 Dec 2009 02:03:36 +0000

Hey thanks, wish you a Merry Christmas and a Happy New Year in advance too!

By: panzer

panzer — Mon, 21 Dec 2009 04:32:14 +0000

Hi Lau

1. I agree with you
2. Actually, it is within reach, the question is 20-30++ year loan is the issue!
3. Everyone should determine their own risk/return tolerance and understanding of asset class
4. Good idea.
5. Well, if you live longer by 2 years, net still have 1 more year for compounding

Be well and prosper.

By: Lau

Lau — Fri, 18 Dec 2009 16:01:14 +0000

1. Lau will have to squeeze with even more people on trains & buses and compete with them for oxygen at the malls.

2. HDB will remain out of reach for Lau as he will still not be able to afford.

3. STI can rise and fall but one thing is for certain, Lau will not invest in stocks.

4. Lau will invest in his education to learn how to invest to achieve a benchmark return higher than Panzer.

5. 1 year on, 1 year less for compounding.

Cheers Panzer. Be well and prosper.