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[Hurricane88]

Originally Posted by nitecrawllerr

Same goes for JB. Had i bought one between 2000 and early 2010 i would have make more than double.

btw...the friend who started the property investment in hcm also owned 5 condos in JB city centre now...

guess he knew what he was doing...becos he made money in Singapore, HK, Penang, etc...everyone said Sail at Marina condos will fail and guess what it skyrocketed to historical high price and he liquidated 4 units in 2012...

anyway for me, my 2br in hcm only cost sgd 70k which cannot even own a car in Singapore so we took calculated risks and low interests in Singapore banks...only paid 20% and still waiting to sign S&P...no sign no payment...also developer hv to pay penalty to us for any delay in signing...

already secondary market hv agents looking for us to sell at profits but we rather hold on longer to see what happened...

PS - read the forum with a pinch of salt and dun believe what you read since mostly are strangers...

[snipeshot08]

Originally Posted by Hurricane88

agreed...to each his own...I just follow the ship and wind...maybe the opportunities are short and the market will run...hopefully by then we will make some millions and spend slowly...

Initially, I didn't trust too but witness a friend made from Vinhome Central Park condo 2 years ago...bought 3bil and sold 4.5bil upon collecting key...all in 1.5bil profit within 2 years...

anyway he bought more units now and we just follow...we pay slowly follow the developer payment schedule...on paper we make money...but market is irrational and gahmen flip flop worrisome...so anyway is risky investment but those who dare to risk stand to make big profits...

In the past we said the same thing about HK, Singapore and SZ property investment...so what happened ...

PS - read the forum with a pinch of salt and dun believe what you read since mostly are strangers...

Well definitely am happy for you that it is working out

In every type of investments there will be some that will win & some will lose, as this is simple economics as not everybody can gain or else where does the additional money comes from same as in flipping properties there are various success stories as well as horrendous stories of losses which only last month there was a well known case in Sinkie where this buyer bought at S$6.27m but sold at S$3.1m

As long as we play safely within our means then it is just another part & parcel of life's challenges

Cheerios......SS08 ^_^

[snipeshot08]

Originally Posted by nitecrawllerr

Same goes for JB. Had i bought one between 2000 and early 2010 i would have make more than double.

A lot also heng suay one, some made but some lost also, you forgot at that time that there are also numerous JB developers that went belly-up after collecting all the deposits & payments and buyers are either left with empty promises or half-completed houses

Many of these cases went to court but end-up those developers just filed for bankruptcies and in the end all those buyers just got burned

Cheerios.....SS08 ^_^

[Hurricane88]

Originally Posted by snipeshot08

A lot also heng suay one, some made but some lost also, you forgot at that time that there are also numerous JB developers that went belly-up after collecting all the deposits & payments and buyers are either left with empty promises or half-completed houses

Many of these cases went to court but end-up those developers just filed for bankruptcies and in the end all those buyers just got burned

Cheerios.....SS08 ^_^

yes heng suay but friends do study the developer before investing...if Vinhomes then lesser worry becos now they build so many homes including Landmark81...

[nitecrawllerr]

Originally Posted by snipeshot08

A lot also heng suay one, some made but some lost also, you forgot at that time that there are also numerous JB developers that went belly-up after collecting all the deposits & payments and buyers are either left with empty promises or half-completed houses

Many of these cases went to court but end-up those developers just filed for bankruptcies and in the end all those buyers just got burned

Cheerios.....SS08 ^_^

True. Was reported in shit times too. Best is look for spore developer or JV with msian developers. Quite safe.

[langpalang]

Airport rate.

[snipeshot08]

Originally Posted by Hurricane88

yes heng suay but friends do study the developer before investing...if Vinhomes then lesser worry becos now they build so many homes including Landmark81...

Actually that would be the bare minimum expectation liao as it would be extremely foolhardy to buy a big ticket item that costs tens of thousands of dollars without even doing the basic background checks even when I want to buy a simple household item on the internet I will also do some basic checks on the prices, reliability & reviews from others too

It is actually those "unprinted" or unknown or unpublished issues & problems that always caused the developers or builders/contractors to go bust, as they have a simple solution to all their cashflow problems i.e. to dig one hole to cover another holes as what happened to Sinkapore in the past for those HDB contractors as on the surface they have many projects & continuous ongoing jobs, but internally they are bleeding like hell as they are continuously digging a smaller hole (becos continuously tendering at a lower sum to secure the project) to fill a much bigger hole until finally fail to find more to dig than they collapsed & file for bankruptcy

Cheerios.....SS08 ^_^

[snipeshot08]

Originally Posted by nitecrawllerr

True. Was reported in shit times too. Best is look for spore developer or JV with msian developers. Quite safe.

Yup that would be a wiser choice as Sinkie developers are definitely more prudent (& kiasu ) in their overseas investments

Cheerios......SS08 ^_^

[snipeshot08]

Originally Posted by langpalang

Airport rate.

I just changed 2 days ago at Ben Thanh @ 17120

Cheerios......SS08 ^_^

[iicycold]

girls on wetnam saigon street...lol...wich one more pretty?



this one milf plus a not-syt...lol



this two below is girl or not girl?



mayb can call it SYLB?

below is put inside spoiler,scare pple see liao tio heart attack....lol

( Click to show/hide )

it's jus 4 laughin onli....lol

hv a good day & hope hv a good laugh 2.....lol

[seabass]

Originally Posted by snipeshot08

Actually that would be the bare minimum expectation liao as it would be extremely foolhardy to buy a big ticket item that costs tens of thousands of dollars without even doing the basic background checks even when I want to buy a simple household item on the internet I will also do some basic checks on the prices, reliability & reviews from others too

It is actually those "unprinted" or unknown or unpublished issues & problems that always caused the developers or builders/contractors to go bust, as they have a simple solution to all their cashflow problems i.e. to dig one hole to cover another holes as what happened to Sinkapore in the past for those HDB contractors as on the surface they have many projects & continuous ongoing jobs, but internally they are bleeding like hell as they are continuously digging a smaller hole (becos continuously tendering at a lower sum to secure the project) to fill a much bigger hole until finally fail to find more to dig than they collapsed & file for bankruptcy

Cheerios.....SS08 ^_^

There is a clear and present danger when we invest, invest in property and invest in foreign properties.

The batting average of 1:10 is so low, the rewards never compensate the inordinate risk associated. It is very uncomfortable to see a higher rep pointer providing such advice. If the advice is from a reputable property consultancy, MAS will hang the boss by his KKJ. At the risk of sounding like I am flaming, caveat emptor remains the principle

[eddy72]

Vinhomes grand Park at dist 9, studio selling at 68 000 sgd.. Good for rental n investment?

[Hurricane88]

Originally Posted by eddy72

Vinhomes grand Park at dist 9, studio selling at 68 000 sgd.. Good for rental n investment?

obviously some ppl sore about me giving advice...also no point discuss investment here...

[eddy72]

Originally Posted by Hurricane88

obviously some ppl sore about me giving advice...also no point discuss investment here...

First time buying.. Not sure good deal for rental n investment? Please advise, tks..

[langpalang]

That day we were tokin abt currency. Found this chart.