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Earlybird s talk - Sgx stock
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earlybird14
Supreme |
10-Mar-2017 23:45
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First round correction will be hit next week.
Nasdaq day chart hit mid bollinger last night bounce up just now hit upper, short add. Dow even worse bounce up from day chart midbollinger touch 4hr upper gonna kick down. If both day mid bollinger break, it will hit lower midbollinger next week to complete first round correction. |
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TechnicalTrader
Master |
10-Mar-2017 23:42
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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yes, you got your points correct...  low rental, burden to pay   high installment with increasing interest rate..  no choice but many have to sell.... three/four years ago the rental market was good. state of empty-unit is very common.... 
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earlybird14
Supreme |
10-Mar-2017 23:39
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as what I know, super rich foreigners buy property with cash, so they have no pressure from installment. Due to high expenses on Reno, they basically don't want to rent out the property.
They just come here stay for months for holiday or let their children who study here to stay. Why they don't buy now, may be Bei song to pay the 10% stamp duty, just Bei song to pay more to gov, rich are like that generous to themselves but selfish or stingy to others, and very calculative to pay something extra which is not for the property. Those rich who contribute to society is last generation.
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TechnicalTrader
Master |
10-Mar-2017 23:32
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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rental income is a major consideration for buying a second/third property Foreign buyers also... if there returns are low, who want to buy?  hard to take, yes, got choice, don' t buy now..
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SgYuan
Supreme |
10-Mar-2017 23:31
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I advise people to take up 2nd prty condo.
Use hdb rental to cover the installment. Best😁 |
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SgYuan
Supreme |
10-Mar-2017 23:27
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Not many want to release without profit, as they can hold.
Renting is all about price now. Example $4000 become $2800, hard to take, but no choice. I havent see a state of no tenant yet. |
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TechnicalTrader
Master |
10-Mar-2017 23:10
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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don' t forget, more sellers releasing their second or third properties. some statistics have shown that most ppl who can afford second property already bought. And don' t forget, many restrictions are still on. foreigners? other country maybe... but the china buyers do not want to buy singapore property already. the situation is there are too many empty units in the market, not enough ppl/foreigners renting... many ppl still can buy third/fourth property... but rental income keep dropping..    
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SgYuan
Supreme |
10-Mar-2017 22:54
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Only little bit.
EB, correct. 2nd prty Buyer stamp duty, sure got impact. Foreigner Buyer stamp duty, 100% impact. But gov cannot do this. Next election will hav prob😁 Ofcourse $$$ is also important😁 |
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TechnicalTrader
Master |
10-Mar-2017 22:32
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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exactly. such a " minor adjustment" also have positive effect on the market. 
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SgYuan
Supreme |
10-Mar-2017 22:23
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The relief impact a small group.
1. 12/8/4, the different is one yr. If my prty is 1mio, it is 40k. But the i lost more waiting for 5th yr. 2. Tdsr is remove if 50% LTV. Only a small group Gov is just fine tuning. Not moving the mkt. Gov is intelligent then us. |
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TechnicalTrader
Master |
10-Mar-2017 19:32
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Anyway, the news comes at a good time to lift the market up today....  ![]()
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earlybird14
Supreme |
10-Mar-2017 18:53
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Cut gov meat to remove 2nd property extra buyer and forefinger stamp duty, sales immediately boost 2-3 times since gov still got a lot cash rich uncle and aunty.
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earlybird14
Supreme |
10-Mar-2017 18:51
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http://www.channelnewsasia.com/news/singapore/seller-s-stamp-duties-cut-as-govt-eases-some-property-cooling/3584562.html
😁 😁 😁 non of them will affect much. In fact the most effective one is extra buyers stamp duty for 2nd property and foreigner extra stamp duty. it will make property 7-10% cheaper. But this is like cutting gov meat since they have enjoyed such luxury income since implementation. MOP or sellers extra stamp duty? Sellers is like mountain there waiting to sell their property, 3-4years? 2013 peak of property price till now already 3-4 years, all pass their MOP, even gov remove it also can't help the market, this cooling measurement only useful in super hot market to avoid sub sales for property flipping few hands in 1 year. TDSR? No money already talk about TDSR for what.
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davidoch
Senior |
10-Mar-2017 16:04
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earlybird14
Supreme |
10-Mar-2017 15:18
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😁 😁 I won't since I am not aware.
I will only regret for those i study monitor but still miss the boat.
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TechnicalTrader
Master |
10-Mar-2017 15:12
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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is the profit high?... I thought similar to last year? dividend last year was 0.1cts....  This year any dividend? 
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davidoch
Senior |
10-Mar-2017 15:05
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You might be regret later...TP 0.1 . either issue bonus share or CD too mcuh profit don' t know what to do...
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TechnicalTrader
Master |
10-Mar-2017 14:44
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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I think there will have more transactions. housing agents have more biz... banking loans increase... second hand property price drop... buyers have more choice...  property development have affected negatively My logic any problem?  
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seanpent
Supreme |
10-Mar-2017 14:39
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on the other hand, could see a return of more investors ...... probably foreign investors too ..... not forgetting the change in population demographics .....  increase population growth in the future .....
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TechnicalTrader
Master |
10-Mar-2017 14:34
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Property measure ease?  Look more like it is encouraging more sellers.  Am I right to suggest that the first impact should be suddenly the market will be flooded with second hand property...  How property can benefit from it?  Comment please |
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