QUOTE(PeriPeri2014 @ Nov 16 2014, 02:54 PM)
ermmm...sound a little bit ture......"the country will be in recession If BBW come an economist"

Savvy investors to hold S’pore properties
http://www.thestar.com.my/Business/Busines...them/?style=bizSINGAPORE’S softening residential property market is due to the numerous measures imposed by the government to prevent an asset bubble, Jones Lang LaSalle Real Estate (Singapore) Pte Ltd national director (research and consultancy) Ong Teck Hui says.
Ong says that according to the Urban Redevelopment Authority’s (URA) price index for non-landed homes in the Core Central Region (CCR),
prices have slid 5.7% from the second quarter of 2013 to the third quarter of this year. CCR includes the prime districts, Sentosa and some districts in or near the city centre.However,
certain projects have encountered larger price declines over the last 12-18 months, says Ong. Prices of units on Sentosa island have fallen 10% to 30% over that time period and may give the impression that price corrections in the overall market are more severe, he says in an email.
“Like other developers, Malaysian developers with on-going projects in Singapore
will similarly encounter slow sales progress for those under marketing or unable to launch new ones due to poor demand. If this is prolonged, they may eventually have to consider price discounts in order to improve their bottom lines,” Ong says. He does not identity the Malaysian developers.
Singapore’s property market – like Hong Kong’s –
is quite unlike Malaysia by any measure. This is due to land scarcity, the gateway status to Asia which both Hong Kong and Singapore enjoy and the foreign investor element in both these markets.
Says a source in Singapore linked to a Malaysian developer:
“The general perception is that your Singapore property has good upside in terms of capital appreciation but in Malaysia, prices do not move.” and start dropping..[SIZE=14]
Land cost in Singapore average about
60% of a project’s gross development value, says SLP International Property Consultants Pte Ltd executive director David Neubronner. It is even higher in Hong Kong. In Malaysia, it is about 20% and if a developer holds large tracks of planatation land, it could be 10%.ya so much of half past 2 BBB , land cost in Malaysia only 20% some even 10% knn, Singapore 60%^, damm these BBB are damm confusing and misintrepreting
“The decline in high end segment started since 2011 and after the euro crisis. This segment has been hit the most by the cooling measures. Despite these measures, seven out of 10 buyers in this segment are foreigners or permanent residents.”
pl say other country affect, jokers say dont affect at all.. think reader are kids lor, showtime747