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Just to the developers and ask for discount, once you get the know from the agents receivable commission. developers will give you for sure by telling them that the other developers are willing to give.
Agents are making between 200 to 1.5million dollars annually. platinum, superplatinum awards are the norm versus some 12 to 15 years ago when commission was only one per cent
you bet these real estate stocks will descend sharply. commion sense will tell you that developers will not keep competitng against each other to entice the agents to prioritise their projects over others due to LESSER AVAILABLE PROJECTS. The govt of the day is not gullible to let properties keep running up high albeit the financing is extremely low and so many foreigners are turning to singapore for safe haven and will inevitbaly spike up prices and nobody wants to lose the present govt unless it is idling and not willing to subdue the running up prices. million dollars ministers will need to weight this risk of losing out their portfolios just because of hight property prices
The trick possibly because of the run up on the stocks with so liitle volume transacted is sellers sell minimal shares and buy back minimal, paying a small brokerage to elevate the stock price is to lure buyers
DYDD

Sgvale      ( Date: 29-May-2021 07:39) Posted: I told you earlier & you keep asking. Agents are pushing up the price from the huge commission they received. PQTPQK      ( Date: 28-May-2021 16:48) Posted: what is the reason up so much ?

 

Can make on the upside and the downside
be nimble, watch out for cooling measure announcement
gd luck dyodd

 

The last cooling measures was just too effective which resulted in gostun. 

Will the next cooling measure be as effective as the last 1? Increase ABSD again when it' s already so painful? 12% is no joke. Maybe lower LTV to 70% and increase TDSR? If this is the case, not that painful compared to the last measure.

The last measure was the increment of ABSD in July 2018.

Market sentiments sure drive this down. How to recover? 

But now both propnex and realty looks like they are on bullish runs.

spore1      ( Date: 29-May-2021 19:47) Posted: Make me remember Apac Realty run up to 1.20+ then gostun all the way to 40 cents! Once property cooling measure kick in then bo lat liao! Is a cycle so don't get caught! ozone2002      ( Date: 29-May-2021 18:19) Posted: Last:1.59        +0.16 good to take profit has run up a lot Talk of the town has been cooling measures gd luck dyodd

 

Agents will not buy just to push the shares price up.

I think it' s up because:
-  Higher revenue are generated year after year
-  Shareholders get higher returns (via dividend) as a result
- Momentum building up as people start to take note of this hidden gem
- Trading volume has been increasing in the past 3 days

ATH will be a concern but I don' t think the momentum will stop immediately soon. May just dip and go back up. Thereafter hover around $1.9- $2 before dipping?
 

phongy45      ( Date: 30-May-2021 11:33) Posted: are you serious? -  prices are given by the owner to sell and buyer give the offer to buy? -    who are the agent that can command the selling and buying prices?? -  who is the one paying for buying??? Sgvale      ( Date: 29-May-2021 07:39) Posted: I told you earlier & you keep asking. Agents are pushing up the price from the huge commission they received

 

are you serious?

-  prices are given by the owner to sell and buyer give the offer to buy?
-    who are the agent that can command the selling and buying prices??
-  who is the one paying for buying???

Sgvale      ( Date: 29-May-2021 07:39) Posted: I told you earlier & you keep asking. Agents are pushing up the price from the huge commission they received. PQTPQK      ( Date: 28-May-2021 16:48) Posted: what is the reason up so much ?

 

Make me remember Apac Realty run up to 1.20+ then gostun all the way to 40 cents! Once property cooling measure kick in then bo lat liao! Is a cycle so don't get caught!

ozone2002      ( Date: 29-May-2021 18:19) Posted: Last:1.59        +0.16 good to take profit has run up a lot Talk of the town has been cooling measures gd luck dyodd ozone2002      ( Date: 12-May-2021 11:23) Posted: Last:1.22 +0.12 Impressive results Risk ahead is Govt cooling measure announcement Gd luck dyod

 

Last:1.59        +0.16
good to take profit
has run up a lot
Talk of the town has been cooling measures
gd luck dyodd

ozone2002      ( Date: 12-May-2021 11:23) Posted: Last:1.22 +0.12 Impressive results Risk ahead is Govt cooling measure announcement Gd luck dyodd ozone2002      ( Date: 29-Apr-2021 08:11) Posted: Last:1.11  -- housing boom in SG  propnex one of the beneficiaries  gd luck dyodd

 

Isn' t this worth going into?

Revenue, Net Income and EPS has been increasing annually.

Not to mentioned the obvious, the biz is expanding regionally.

 

I told you earlier & you keep asking. Agents are pushing up the price from the huge commission they received.

PQTPQK      ( Date: 28-May-2021 16:48) Posted: what is the reason up so much ?

 

More and more million dollar HDBs being transacted.

Agencies and agents all huating to the bank with their 100k/month salary 

How to dont up leh?

PQTPQK      ( Date: 28-May-2021 16:48) Posted: what is the reason up so much ?

 

what is the reason up so much ?

 

i think so too.

The trade value so low for the past few days...

Maybe really not much people holding the stocks..

Pros
1) move to cambodia

Cons
1) cooling measures -> but gov got time for this meh.. really bo eng to handle covid...
 

Sgvale      ( Date: 28-May-2021 14:12) Posted: N their agents keep push up. Sgvale      ( Date: 28-May-2021 14:11) Posted: The 2 bosses keep pushing up lo

 

i went in 0.770

I thought it will be a short term burst..

And thought cooling measure will kick in.. who knows man...

rushhour4      ( Date: 28-May-2021 09:35) Posted: i remember looking at this counter at $1 and thinking i missed the boat... wow

 

without prejudice
common sense, are there so many new launches and resale to sell and make big money in the coming months? our govt is seen weak if property prices keep going up yet with this pandemic, buyers are really buying? just because Hdb resale is in moving strongly and with COV cash over valuation since january this year versus last few years without COV,  buyers should stay cautious and not overcommit. It has alot of implications on the govt of today if hdb flats are unaffordable and private properties snapped up by foreign and over exposed local buyers  in the coming months/years and losing the confidence of home dwellers is as good as htting oneself on the foot.
Developers are playing a game of no loss by pushing up the selling prices and giving higher commissions, ultimately with a 10 to 15% upside of the prices giving commision to agents 4 to 10% will never hurt their bottom line instead they are making huge amount on their projects with the high selling prices. HDB sellers have been sold with the mentality of good selling price with COV contrary they are paying so much higher price on the upgrade. DYOD

google business times reporter Kalpana rashiwala 2 articles on dated Feb 4 2021  and june 20 2020 for an enlightenment

Spike in property agent commissions may draw greater scrutiny given its wider impact

 

See who holding the baby when the musical chair stops

 

N their agents keep push up.

Sgvale      ( Date: 28-May-2021 14:11) Posted: The 2 bosses keep pushing up loh PQTPQK      ( Date: 28-May-2021 14:07) Posted: why up so much recently ??

 

The 2 bosses keep pushing up loh

PQTPQK      ( Date: 28-May-2021 14:07) Posted: why up so much recently ??? Longtermer      ( Date: 28-May-2021 10:40) Posted: Trade with care. Just look at the PE ratio and can see it is highly overvalued. Singapore market is quite small so future earnings are capped in a way.. Just my thot. Cheers.

 

why up so much recently ???

Longtermer      ( Date: 28-May-2021 10:40) Posted: Trade with care. Just look at the PE ratio and can see it is highly overvalued. Singapore market is quite small so future earnings are capped in a way.. Just my thot. Cheers.

 

Trade with care. Just look at the PE ratio and can see it is highly overvalued. Singapore market is quite small so future earnings are capped in a way.. Just my thot. Cheers.

 

Agree Bro, resale comes with lots of govt great subsidies, and that has also caused a spike, and actually going directly to developers to buy new launch will reduce the purchase price, though developers are dependent on agents to give them the first recommendation to beat other developers' launches, this may be short lived when there are less holding landbanks. Resale condo owners typically pay between 1 to 2 % and this will be far cry from 4 to 8% paid by developers thus agencies will have their profits reduced therefore betting on agencies may be a little high risk in the long run

bxylqwan      ( Date: 28-May-2021 09:46) Posted: Bro, you think property agent only sell new launch is it? look at the resale hdb and landed market now. everything selling like hot cakes. Especially those good units, today listed tomorrow sold. Today' s market is no longer like 2008 lah. So many things are different now.  honesty      ( Date: 28-May-2021 09:42) Posted: when developers start to pay 1% commission, this will inevitably happen similary to 2008