Singapore Expats

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by thelostfish
Tue, 27 Mar 2007 6:52 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

lost fish, just wondering: How much would you rate the rental for a one story freestanding bungalow, renovated, 3 bedrooms, 2200sqft living area, on a 4400 sqft property, location Siglap / Frankel estate? hmm, assuming its not near the main roads and resonable condition as you say, i will think you...
by thelostfish
Tue, 27 Mar 2007 6:50 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

Hi lostfish, this time round i don't think it is self-fuling as i think its the foreigner (outside forces) that is pushing the price up; versus the pre 1997 boom where its Singaporean who push it up. Many local is still bleeding that is why the property "boom" is actually not a "boom" but a growing...
by thelostfish
Tue, 27 Mar 2007 2:35 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

So i google the prices of Monaco and top investment cities of the world (favoured by these people), i found out that Monaco's AVERAGE prime real estate is about S$4980 per sq ft, while Singapores current average prime is only about $1500-2000. Thus Singapore property is considered cheap for these p...
by thelostfish
Tue, 27 Mar 2007 2:28 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

My colleague is moving out of his apartment in Maplewoods because his landlord is attempting to raise his rent from S$2,800+Management to a whopping S$5,800+ . i guess there will always be such cases when a market is in a frenzy. as i dont know how big your friend's place is, i cant really say, but...
by thelostfish
Mon, 26 Mar 2007 2:26 pm
Forum: Property Talk, Housing & Rental
Topic: Living in Sengkang?
Replies: 8
Views: 5608

chixchix wrote:Sengkang is one corner of Singapore ..where I think hardly people wanna stay cos of the inconvenience in travelling.
agreed! i hate visiting friends who live there or punggol.

so far!

and nothing to do there really :o
by thelostfish
Mon, 26 Mar 2007 10:53 am
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

My colleague is moving out of his apartment in Maplewoods because his landlord is attempting to raise his rent from S$2,800+Management to a whopping S$5,800+ . i guess there will always be such cases when a market is in a frenzy. as i dont know how big your friend's place is, i cant really say, but...
by thelostfish
Mon, 26 Mar 2007 10:47 am
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

Hi lostfish, i too believe that $4000psf is ridiculous, but it will sure make property price go up further, and thus rent too. . i was bringing this up the other day to my colleagues, and i feel perhaps its not as ridiculous as it seems. I saw the other day on the papers, some mega-rich fellow eart...
by thelostfish
Fri, 23 Mar 2007 2:38 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

Hi lostfish, Just saw from the newspaper that today a orchard condo hit a new record high of $4000 psf, since you are in this property scene so long, may i know what is the difference in property price between prime area (orchard, 9, 10,11) and places like east coast, bedok, tampines in 1997 during...
by thelostfish
Fri, 23 Mar 2007 2:30 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

if instead of holding on to your apartment for the next 7 years (in 2000) u liquidated and invested in the singapore stock index (straits times) u would have made 65% return. so even tho now you are finally in the black, the opportunity cost of sitting on the property means you're really down at le...
by thelostfish
Fri, 23 Mar 2007 2:23 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

sometimes, the risks were unforeseen, like SARS or Sept 11? Whoever thought USA would be attacked so damn easily? or that the recession would last 5-6 years? or that cows could go mad and birds could infect us. or that USA will go to war so often...oh wait, maybe that's was for-seeable :lol: this i...
by thelostfish
Fri, 23 Mar 2007 1:56 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

well, like it or not, its reality. :D landlords will always look for rental returns on top of capital gains. whether they acheive it a not is subject to a whole lot of debate which clearly this thread isnt about. And looking at the market now, 4% is quite the norm. if you dont like paying rent, you ...
by thelostfish
Thu, 22 Mar 2007 9:09 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

On a short term, property is speculative investing in 99% of all cases, just like lost fish explianed happening here in Singapore in the last 10 years or so. 1.) there were almost no property speculators since 1997 to about 2004, save for a short rally sometime in 2000. (in defining speculators, i ...
by thelostfish
Thu, 22 Mar 2007 8:59 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

Housing is a piss poor short term investment because of things like closing costs and fees to agents you have to pay. again, tell that to the people who have earned around $800K - $1mil using about 150K cash and 150k CPF (central provident fund) over the past year. piss poor? compared to what? :o
by thelostfish
Thu, 22 Mar 2007 8:54 pm
Forum: Property Talk, Housing & Rental
Topic: Rents increased 30% in the last week??
Replies: 76
Views: 35339

anytime you invest money to the level that you could file bankruptcy...well that's just retarded. tell that to the millions of people from all walks of lives, to the small corporation to the big corporations over the generations whom have gone bust. also for my original post about the gal who was i...
by thelostfish
Thu, 22 Mar 2007 11:31 am
Forum: Property Talk, Housing & Rental
Topic: family with 4 kids moving to sing- where to stay at first?
Replies: 14
Views: 8264

true true. but u can always negotiate for a shorter lease, maybe 6months to 1year. I think a few weeks in singapore aint going to settle you down. and you may rush into things. but its your call , and it might help if u have friends already here in singapore who can show you around.

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