is property investing a surefire way to earn $$?

Rooney9 SG · 2011-01-19T13:19:27+00:00

papers say our population grew by 25% in last 10 years.............so no surprise property go up...........but most of that increase due to mass influx of fo...

Rooney9 SG

property can earn you money. you can sell when it appreciates and while waiting for the price to go up, you can earn income by leasing it out. who here invest in properties, can share your experiences please?

Ä«Õß:¸ïÀë SG

property investing is for rich ppl play de....... you got a lot of money to throw bo??

wa bo........

Asromanista2001 SG

i still remember some people in the late 1990's ..........or around there..........losing up to 50% of their property values...........

if can rent out at okay prices still not so bad...........

Rooney.........i hope you're not referring to those ads in the papers on Australian properties................???

those fucking descendents of criminals are always looking to make a fast buck by conning Asians...........they know S'poreans and Hong Kongers are used to high property prices...............and they tend to forget Australia is a humongous country with a tiny population............

Rooney9 SG

when you buy properties, you need to pay up to 20% instalment by your own cash, the rest is by bank loans what isnt it.

So when your property price has appreciated, you take profit by selling it. thats how people earn money in properties isnt it.

eagle SG

Yes, but what if you cannot service the loan?

Do you have a good buffer? Is your income stable?

Demon Bane SG

Its all about purchasing power. Can u afford two or more pte properties? If u can, then surely u will make good $ from rental or sale. However, take note that the risks are greater if SG falls into recession....do u still have $ to service the loans? What if the rental ceased? There's also the risks of unable to sell the pte pty, then what?

From what I know, those pte pty that can't sell are the same as those who can't rent out....beware.

Askingyouto SG

From what I read, those properties in China, some of them virtually no one living there, just a buy then sell, buy then sell kind of thingy only, somehing like a dangerous musical chairs.

Demon Bane SG

With bank interests (fixed deposit) so low, many rich folks are buying pte pty instead for investment. From what I know, the pty mkt can only go up up up....until majority can't afford to own pty anymore. Then it'll be a rental of rooms market....this will be the future.

Rooney9 SG

that is speculation lar. thats why the government cool down the property prices from increasing by imposing rules on buying properties mah.

Askingyouto SG

that is speculation lar. thats why the government cool down the property prices from increasing by imposing rules on buying properties mah.

Think that's because marlboro tan is fearful of losing his job after getting publicly scolded by the old farkin lee.

Demon Bane SG

With rising property prices, those who already have properties are happy, those who still dun have, are angry....even HDB are so expensive!

Junyang700 SG

You can also die badly with property investing.

I remember somebody mentioning earlier about his experience. Bought condo in 1996, only managed to sell it in 2009 at 5% more of the property value he bought in 1996.

Demon Bane SG

Property investments are for the very rich only....one wrong move can kill all profits....therefore NOT a surefire way to earn $$$.

Demon Bane SG

Waiting for the pty bubble to burst, then enter and grab some pte pty....

Fcukpap SG

whether properties, stocks ,shares, bonds....

only 2 things need to know about investment....Buy-Lo-Sell-Hi and Value

of course...be reflexive than emotional

Demon Bane SG

whether properties, stocks ,shares, bonds....

only 2 things need to know about investment....Buy-Lo-Sell-Hi and Value

of course...be reflexive than emotional

Yup but 1st of all you have to be rich first before u can play around with financial instruments....if not rich, then play safe by saving up ca$h for an early retirement.

Fcukpap SG

err....agree somewhat....start small then dream big...and not dream big without starting at all

Demon Bane SG

err....agree somewhat....start small then dream big...and not dream big without starting at all

Alot of financial instruments all lose $ ones....play small also will kana burnt....its always the small investors that lose out in the end....have ca$h better lah....

ulquiorra87 SG

If you were to study all the previous property bubbles and the premises behind those bubbles i would think future property bubble areas are quite predictable.. Its just when to get out that isnt predictable... So better to get out earlier if you sense something wrong..

Demon Bane SG

Soon the market will plunge! Prices will drop 30% at least!