PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!
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 Nov 15 2017, 12:29 AM
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#1
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Senior Member
5,947 posts Joined: Oct 2013 
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Just simply quote one statement to verify....
Wonder how does this Dr arrive to say property price from 500k to 300k? Is there is statistical prediction model to derive until 300k? If the formula is a secret, then can share what the recipes are (jpph data? etc) and a graph to show a down trend pattern to 300k.... ? This is just one of my many questions... |
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Nov 15 2017, 11:32 AM
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#2
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5,947 posts Joined: Oct 2013
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QUOTE(Nikmon @ Nov 15 2017, 12:13 PM) Just wonder, only 3.6k house transacted in primary market for house price between 0.5 - 1 million Can advise the URL accessing this graph, article or data? Thxthis probably less than the number of unit Eco has launched in 1h2017, how are the developer going to clear the overhang unit......  |
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Nov 16 2017, 12:21 AM
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#3
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5,947 posts Joined: Oct 2013
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QUOTE(limsc07 @ Nov 15 2017, 10:58 PM) I think there is no secret formula. Even many experts in USA could not forecast the coming of subprime morgage crisis in 2007. There is a tipping point and we don’t know where is the Point. Also many believe in Black Swan event by Nassim Taleb. Why not down to 100-200k if 300k is still not an affordable price? Why spelling 500k? Many still can’t afford 300k properties even prices really drop to that level. The is a worldwide problem and many ppl also can’t afford to buy their own shelters. A Dr or chartered personal like him is assumed to have some way of deriving those numbers. If he really simply plucked some numbers to make up story and there's no different than chui sui talk. Anyway, since his article has attracted attention, let's if he will present any data to defend his statement. Will see ... |
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Nov 17 2017, 10:00 AM
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#4
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Senior Member
5,947 posts Joined: Oct 2013
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Pls no turn this thread to kopitiam or bubble talk (version brapa also don't remember)...
I am reading and following.... |
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Nov 26 2017, 11:07 PM
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#5
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5,947 posts Joined: Oct 2013
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QUOTE(tky1993 @ Nov 26 2017, 04:40 PM) so cheap lol... preview in school hall yet so many ppl queing? Be fair la... There is a gallery at Wisma Low Siew Eng...gallery also don have meh |
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