| Latest Forum Topics / APAC Realty Last:0.55 -- |
|
|
Property cool down measures
|
|||||
|
wehuattogether88
Supreme |
23-Jul-2018 15:58
|
||||
|
x 0
x 0 Alert Admin |
Party' s over for Singapore' s residential real estate sector 
By: 
Michelle Zhu
23/07/18, 03:25 pm
SINGAPORE (July 23): RHB is downgrading its sector &ldquo overweight&rdquo on Singapore real estate to &ldquo neutral&rdquo on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019.
 
In a Monday report, analyst Vijay Natarajan says he expects developer margins to take a 0-15% hit from the latest round of property cooling measures, depending on the cost and timing of land purchases and based on RHB&rsquo s base case assumption of flattish-to-modest price increases over the next two years.
 
Going forward, he believes the latest cooling measures are also to prevent a build-up in the supply pipeline, with en-bloc purchases to hit a pause due to a growing disconnect between sellers&rsquo and developers&rsquo price expectations.
 
CapitaLand remains his top &ldquo buy&rdquo pick with a target price of $3.95, as the stock is expected to see minimal impact from policy measures. The analyst also maintains &ldquo buy&rdquo on APAC Realty with a 77-cent target price, as he expects its lower sale volumes to be partially offset by higher developer commissions.
 
See: Expected to emerge unscathed from latest curbs, CapitaLand is RHB' s top large-cap ' buy'
Due to its large Singapore residential exposure, City Developments (CDL) has been downgraded to &ldquo neutral&rdquo from &ldquo buy&rdquo previously. The stock has been given a target price of $10.40.
 
See: City Developments cut to &lsquo neutral&rsquo on expected slowdown in Singapore properties and Brexit woes
 
&ldquo For 2019, we expect property prices to see a modest growth of 0-2%. Key supporting factors are replacement demand and liquidity from en bloc and stable job market. Key threats to our assumptions include spike in interest rates and prolonged trade war tensions impacting Singapore economic growth,&rdquo says Natarajan.
 
As at 3.22pm, shares in CapitaLand, APAC Realty and CDL are trading at $3.22, 62 cents and $10.11, respectively.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
23-Jul-2018 15:55
|
||||
|
x 0
x 0 Alert Admin |
my friend property agent say transaction quite quiet leh..  | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
KAMAL0883
Supreme |
23-Jul-2018 15:44
|
||||
|
x 0
x 0 Alert Admin |
jun boh ???? last sunday went 45 Amber show flat only 2 or 3 ah neow ah kow viewing .... 180 car park lots only 3 are parked with viewer' s care , 15 lots are parked with Agents' car  ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
marjohn
Veteran |
23-Jul-2018 14:25
|
||||
|
x 0
x 0 Alert Admin |
Market caught wind of the flying cheques....both Apac and Propnex up 3 over %!!!! Cheong ah...huat ah!!! | ||||
| Useful To Me Not Useful To Me | |||||
|
Battle123
Elite |
23-Jul-2018 11:38
|
||||
|
x 0
x 0 Alert Admin |
Wow very interesting
Flying cheque aeroplane |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
marjohn
Veteran |
23-Jul-2018 10:42
|
||||
|
x 0
x 0 Alert Admin |
Big crowds were spotted at several hot showroom over the weekend. Buyers were seen literally flying their cheques to their agents as they were unable to get inside the showroom. They folded the cheque into paper aeroplane and ' flown' it in to their waiting agents. One  senior citizen agent quipped never seen anything like this in his whole career. The Ministry was alerted of the happening and may send scouts to check the ground in coming weeks to assess if another round of cooling curbs needed. One Hongkong buyer said the latest cooling measures have little impact as 5-10% increase is in his own words " sub sub water" . Some agents concurred as the buying craze is giving them hard time to go toilet as cheques keep pouring in. Ministry assure will be monitoring the situation and if need be implement the appropriate measures.
|
||||
| Useful To Me Not Useful To Me | |||||
|
johnng
Supreme |
23-Jul-2018 10:30
|
||||
|
x 0
x 0 Alert Admin |
STIRING RESDIENCES showroom hot like pan-cake...riverfront so hot yest... | ||||
| Useful To Me Not Useful To Me | |||||
|
kangaroo11
Veteran |
20-Jul-2018 17:54
|
||||
|
x 0
x 0 Alert Admin |
No crowds are seen at showroom as the cooling impact settle in. Agents were all not busy at all with one quipped that he has so much time that he kept going to the toilet to pass time. Buyers are not pouring in like free pasar malam and some showroom dont even need to engage Certis or Aetos as the showroom is like ghost house. Government may consider another round of cooling measure to further curb this demand. Analyst expect property prices to go down by another 10% in next few months. Who' s next??
 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
moron101
Supreme |
20-Jul-2018 14:17
|
||||
|
x 0
x 0 Alert Admin |
Riverfront should be sold out soon. Better book fast.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Sgvale
Supreme |
20-Jul-2018 13:08
|
||||
|
x 0
x 0 Alert Admin |
Very the 夸 张 。
|
||||
| Useful To Me Not Useful To Me | |||||
|
johnng
Supreme |
20-Jul-2018 13:01
|
||||
|
x 0
x 0 Alert Admin |
RIVERFRONT i think...
|
||||
| Useful To Me Not Useful To Me | |||||
|
morgany
Veteran |
20-Jul-2018 12:50
|
||||
|
x 0
x 0 Alert Admin |
You are just TCSS... which showroom crowded? Please name it!
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
marjohn
Veteran |
20-Jul-2018 11:07
|
||||
|
x 0
x 0 Alert Admin |
Crowds are seen back at showroom as the cooling impact settle in. Agents were busy collecting cheques with one quipped no even got time go toilet. Buyers are pouring in like free pasar malam with some showroom need to engage Certis or Aetos to control crowd. Government may need to consider another round of cooling measure to curb this madness. Analyst expect property prices to go up another 10% next few months. Yesterday you see Wheellock share up significantly who' s next?? | ||||
| Useful To Me Not Useful To Me | |||||
|
johnng
Supreme |
20-Jul-2018 10:54
|
||||
|
x 0
x 0 Alert Admin |
look at how they gobble up 61...becareful...this is cheapskate..2 weeks ago gap down 70cents close 61cents.. | ||||
| Useful To Me Not Useful To Me | |||||
|
johnng
Supreme |
20-Jul-2018 09:28
|
||||
|
x 0
x 0 Alert Admin |
breakout at 615... | ||||
| Useful To Me Not Useful To Me | |||||
|
Agong1234
Member |
17-Jul-2018 21:47
|
||||
|
x 0
x 0 Alert Admin |
Closed below 60 cents.
|
||||
| Useful To Me Not Useful To Me | |||||
|
HendriJB
Supreme |
12-Jul-2018 16:48
Yells: "Breathe, Step Back - Think " |
||||
|
x 0
x 0 Alert Admin |
Back to $0.58 soon ..... | ||||
| Useful To Me Not Useful To Me | |||||
|
dumdumsg
Member |
12-Jul-2018 15:35
Yells: "Cryptocurrrency, SGX, forex" |
||||
|
x 0
x 0 Alert Admin |
nah dun think so. it looks like it is consolidating at 0.61. Plan to hold for a few days | ||||
| Useful To Me Not Useful To Me | |||||
|
Agong1234
Member |
12-Jul-2018 01:16
|
||||
|
x 0
x 0 Alert Admin |
Looks like going to trade below 60 cents soon. | ||||
| Useful To Me Not Useful To Me | |||||
|
HendriJB
Supreme |
11-Jul-2018 13:01
Yells: "Breathe, Step Back - Think " |
||||
|
x 0
x 0 Alert Admin |
Thanks Michaeltan  ... ok but  Many investors underestimate China. They will fight the trade war til  blood runs out. So Asian equities, currency, and properties will CRASH!!
|
||||
| Useful To Me Not Useful To Me | |||||


