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STI 3,000 boosted by pivot investors mkt players
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famouspinky
Supreme |
12-Nov-2017 22:52
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Not all enblocs will go thru. Watch.
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famouspinky
Supreme |
12-Nov-2017 17:14
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A population without jobs? Im sure no body wants such situation. Prove with gd companies coming in 1st.
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Goldfinger
Supreme |
12-Nov-2017 16:41
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If Singapore is looking for a 6.9m or even 10m population - then there will be a severe shortage of homes in the city and central area and these will always be in demand. | ||||
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teeth53
Supreme |
12-Nov-2017 09:24
Yells: "don't learn through life, learn to grow with life " |
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http://www.straitstimes.com/singapore/housing/en-bloc-the-unblockable-frenzy-whats-behind-the-hype Urban Redevelopment Authority (URA) has already warned that there is a slew of private apartments coming on the market in the next one to two years - about 9,300 units from redeveloped sites alone. The remaining 7,400 units from awarded govt-issued sites, there could be a supply of about 16,700 units - double of what is available now. A statement to Sunday Times, URA notes a " high vacancy rate of 8.4 per cent" , or 30,000 empty homes, in the private housing market. It also notes the potential strain the significant increase in dwelling units may bring to existing road networks and local infrastructure. Next step, is to have more open condos. This is already in the works - last month, URA announced it will explore a mix of low gating and transparent barriers in condos in three towns. " In a way, HUDCs are more exclusive than ECs because they are stand-alone estates, while it' s hard to ignore that ECs are right smack in a HDB new town," he says. By and large, observers agree that developers' desire for collective sales reflects vitality - which in turn drives urban renewal. " If people can' t redevelop, maintenance will break down at some point, and the housing stock deteriorates," says Dr Choo. But he also wonders if the hype may build up into a bubble further down the road.
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teeth53
Supreme |
12-Nov-2017 09:12
Yells: "don't learn through life, learn to grow with life " |
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HUDC FACTORIt remains to be seen whether developers have financial clout to redevelop large HUDC sites like Pine Grove or Braddell View this time round. Of the 18 HUDC estates built, 12 have been sold, with five of these deals - Rio Casa, Serangoon Ville, Eunosville, Tampines Court and Florence Regency - completed this year, the most in any year. The remaining 6 - Ivory Heights, Pine Grove, Laguna Park, Chancery Court, Braddell View & Lakeview - are@various stages in collective sale process. HUDC scheme started in 1974 was aimed at those seeking something better than typical HDB flats and ceased 10 yrs later due to waning popularity. By then, 7,731 units had been built. A decade later,the authorities moved to allow such estates to be privatised. |
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teeth53
Supreme |
12-Nov-2017 09:02
Yells: "don't learn through life, learn to grow with life " |
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teeth53
Supreme |
08-Nov-2017 08:40
Yells: "don't learn through life, learn to grow with life " |
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Tee Land buys Casa Contendere, a free hold for $72m in Gilstead Road in collective sale.
Unit owners of District 11 property likely to get from $5.9m to $7.5m each. Price works out to $1,638/sq foot per plot ratio (psf ppr), inclusive of an estimated development charge of $15.1 million. Casa Contendere, near Newton MRT, is a four-storey block comprising 11 maisonette units. It has a land area of 37,972 sq ft and a 1.4 plot ratio. Keck Seng Grp is understood to own six units. "The proposed acquisition is... expected to be completed by end-Feb 2018," The site can be redeveloped into an apt project with about 70 units, with an average size of 753 sq ft gross floor area. About 2,700 private homes have been sold en bloc so far this year, more than four times the 600 units sold last year. This latest deal amid a redevelopment frenzy that has drawn the attention of lawmakers. In response to a question in Parliament from Sembawang GRC MP Lim Wee Kiak, Nat Development Minister Lawrence Wong, said the spate of collective sales of residential properties will not necessarily translate into higher home prices. This is because developers are subject to demand and supply forces in the market. Mr Wong pointed particularly to the additional buyer's stamp duty (ABSD) that can be imposed on a developer which fails to build and sell new units within 5-years of the site being awarded. The ABSD amounts to 15% of the site's purchase price. Such a measure would help ensure that developers price their home projects reasonably for sale, he said. At the same time, sites sold collectively will be developed and the new homes put up for sale in the next one or two years. This would increase supply in the market and put some "moderating pressure.
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famouspinky
Supreme |
08-Nov-2017 00:17
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Testing R76? | ||||
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teeth53
Supreme |
07-Nov-2017 18:15
Yells: "don't learn through life, learn to grow with life " |
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https://www.cnbc.com/2017/11/02/us-crude-falls-short-of-2017-high-as-cruel-month-for-market-begins.html?recirc=taboolainternal
US crude oil fails to take out 2017 high as a ' cruel' month for energy market beginsU.S. crude prices came within 2 cents of their 2017 high on Wednesday, but plunged after a disappointing weekly report on American stockpiles, output and exports.
.Oil prices are susceptible to profit-taking at these elevated levels, and November is a " cruel" month for energy markets. |
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teeth53
Supreme |
02-Nov-2017 11:13
Yells: "don't learn through life, learn to grow with life " |
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https://www.cnbc.com/2017/11/01/oil-markets-focus-on-fall-in-us-crude-inventories.html
OPEC n Russia to hold back abt 1.8mil barrels/day (bpd) in oil production to tighten mkts. " OPEC supports the rebalancing process by maintaining high compliance to its production cuts," said Head of Commodity Strategy at Denmark' s Saxo Bank. Trade data shows that global oil markets have been slightly undersupplied during the past quarters, resulting in fuel inventory drawdowns. Pact withhold supplies to runs till March 2018, n there is growing consensus to extend supplies deal to cover all of next year. teeth53 thot - O& G industries sector in SG can be seen brighting up for coming year 2018. 
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teeth53
Supreme |
01-Nov-2017 22:27
Yells: "don't learn through life, learn to grow with life " |
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Data showed OPEC has significantly improved compliance with its pledged supply cuts and Russia is also widely expected to keep to the deal. Reuters survey found, putting adherence to its pledged supply curbs at 92%, up from Sept' s 86% Brent crude futures were up 61 cents at $61.55 per barrel at 10:14 a.m. ET (1414 GMT), having hit a session peak of $61.70 earlier, the highest since July 2015. U.S. West Texas Intermediate (WTI) crude rose 65 cents, or 1.2 percent, to $55.03 a barrel. The contract came within 2 cents of the 2017 high of $55.24 earlier in the session. The oil price gained 7 percent in October, marking the fourth consecutive month of gains.
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teeth53
Supreme |
01-Nov-2017 13:03
Yells: "don't learn through life, learn to grow with life " |
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With Bitcoin hitting $6,000 per coin on 21 October 2017.
What will happen to the price then?.
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teeth53
Supreme |
01-Nov-2017 12:33
Yells: "don't learn through life, learn to grow with life " |
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while How Sun Park, a development of 20 townhouses in Bartley launched on last Tuesday, with an asking price of at least S$78 million.
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teeth53
Supreme |
01-Nov-2017 12:31
Yells: "don't learn through life, learn to grow with life " |
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MORE residential properties are joining the collective sale bandwagon. Pearlbank Apartments in Outram has garnered enough backing from owners to launch a public tender with a reserve price of S$728 million.
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teeth53
Supreme |
01-Nov-2017 07:36
Yells: "don't learn through life, learn to grow with life " |
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Yet another en-bloc put up for sales. 11 Balmoral Road is in collective sale, all owners of the 17 unit freehold for SG$75 million, their asking price. It translated into an estimated land rates of $1,761 per sq ft per plot ratio. Built in the 1990s. The 30,200 sw ft site is zone residential with a gross plot ratio of 1.6 n can redeveloped medium rise high-end residential project of up to 12 storeys.
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teeth53
Supreme |
29-Oct-2017 12:09
Yells: "don't learn through life, learn to grow with life " |
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IF YOU BOUGHT $5 OF BITCOIN 7 YEARS AGO, YOU?D BE $4.4 MILLION RICHER
Bitcoin completely dominates over the USD after increasing almost 900,000 times in the last 8-years. Ever had a case where you wished you had bought something in the past that eventually went up significantly in value? Perhaps a plot in a low-value district which is now worth ten times more? Does that ring a bell? With so many, it seems the enormous rise of Bitcoin has been officially making ordinary people who invested in Bitcoin into millionaires. Monday marked the seventh anniversary of what is said to be the first recorded instance of Bitcoins being used in a real-world transaction. Over the course of seven years, Bitcoin's value has multiplied 879,999 times. If an investor had decided to spend 5-dollars on about 2,000 Bitcoins back then, that stake would be worth $4.4 million today. With a $1,200 spent on some 480,000 Bitcoins, investor would be worth at least $1.1 billion today. @first, Bitcoin didn?t really catch on, and it was solely the domain of the early adopters. There were very few businesses taker accepting bitcoin as a payment method, and it was something which was almost frowned upon by most govts. As more and more businesses and govts accepted bitcoin, it gradually went up in value, more and more people were starting to embrace the idea of a decentralized currency, and as more people jumped on board, the price began to rise. Since the beginning of the year 2017, the value of Bitcoin spiked after gaining legitimacy in countries like Japan. The main advantage of bitcoin is decentralized ? that mean, there?s no central bank or govt which controls it. This freedom is one of the reasons why Investors have come to see the currency as something of a safe-haven-asset in a problematic geopolitical world. There's been plenty in recent mths in Europe, Russia, Brazil and the US. There is also an additional advantage in Bitcoin ? there is a mathematical limitation to the number of Bitcoins that can be created, which means ? no printing money, so the rules of economy work perfectly. Where there is a limited supply of something, and the demand goes up, the price goes up along with it. Wences Casares has been called Bitcoin?s ?patient zero? by the Silicon Valley elite. Billionaire Wences Casares says it?s not too late for people interested in Bitcoin. The Argentinian-born Casares has founded an internet service provider, a video game company, and a bank, plus he sits on the board of PayPal, but it?s Bitcoin that Casares says he?s dedicating the rest of his life to, and he now runs a startup called Xapo that stores Bitcoin. At a dinner organized by the cryptocurrency policy group Coin Center in New York last night, Casares delivered the keynote speech, including some advice about how to get into Bitcoin. The formula, according to Casares? Take 1% or less of what you own, invest in Bitcoin with it, and then forget about it for at least the next five years ideally the next decade. ?You either lose 1% of your net worth, which most people can take, or you make millions.? he told a room of cryptocurrency advocates at the Westin in Times Square. Experts such as Wence Casares predict a single Bitcoin will be worth $500,000 by the year 2030. Casares pegs the odds of bitcoin failing completely and going to zero dollars at 20%. ?If it fails, it will be worthless,? he says. ?If it succeeds, in five to seven years a single Bitcoin will be worth more than a million dollars.? He puts the chances of success at greater than 50%. Casares has an interesting reply for those people who believe they have already ?missed out? on the bitcoin train and are afraid that they are joining too late. He said he?s seen people who bought bitcoin at cheap prices?as low as $13 who lost money because they tried to trade their way to profits, while those who bought at high prices even just a month ago have done ?spectacularly well? by simply buying and holding. So, what do you need to do if you want to invest a small amount in Bitcoin? Take step no-1.
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bishan22
Supreme |
28-Oct-2017 10:05
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Nasdaq kee seow... | ||||
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teeth53
Supreme |
28-Oct-2017 07:35
Yells: "don't learn through life, learn to grow with life " |
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" Since the en bloc fever began, there have been a number of former HUDC estates sold. Now, it' s the prime districts' turn," noted ZACD Group' s executive director Nicholas Mak.https://www.srx.com.sg/singapore-property-news/42122/crystal-tower-at-bukit-timah-up-for-en-bloc-sale
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teeth53 ( Date: 25-Oct-2017 11:34) Posted:
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Sergio Ermotti told CNBC he is "not necessarily" a believer in cryptocurrencies.
UBS has been involved in a blockchain project ? called Batavia ? with IBM and other banks
Ermotti said distributed ledger technology would enable financial institutions to "operate and transact at a cheaper, more efficient level"
Separating bitcoin from the blockchain," an investment banker said. "I think blockchain is very exciting technology, probably the most disruptive technology in our industry, the financial services industry."
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https://www.cnbc.com/2017/10/26/singapore-cryptocurrency-blockchain-trial.html?recirc=taboolainternal
Singapore aims to finish its own cryptocurrency trial next year
- Singapore will conclude its experiment with blockchain and digital currency technology next year
- Project Ubin is the name of the Monetary Authority of Singapore' s trial
- MAS is not making any policy conclusions yet