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2 comment(s). Last comment by Armada An Quantum Leap Stock In 2019/2020 2019-09-20 23:19
Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-20 23:19 | Report Abuse
Very genuine sharing from Dato Calvin.
That's the capital class trick game.
Money & Power always can create vacuum from the within.
Who got suck in, his blood will be vaporized.
No result.
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save malaysia!
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save malaysia!
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Good Articles to Share
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Good Articles to Share
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The Alpha Trader
KINERGY ADVANCEMENT BERHAD) (0193) - A CAPITULATION TRADE SETUP
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https://dividendguy67.blogspot.com
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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
55,842 posts
Posted by calvintaneng > 2019-09-20 23:14 | Report Abuse
This sudden rise is artificial caused by enbloc collective sale
Many owners suddenly received windfall Bonanza due to enbloc fever
A condo worth only $1 millions could get twice the value because of its prime land for redevelopment
So an old condo block with 300 units will be demolished and rebuild into 4 x of 1200 units of taller and smaller units
2 things push up current prices artificially
1. By being enblocked many units are destroyed both for owners and renters
So there is not enough apt condos currently as many many thousands are taken off and demolished. As a result too many landlords and tenants chasing for shrunken pool of available units
2. And landlords who got 2x or 3x jackpots from chosen enblocked windfall condos suddenly find themselves enriched
And they pay very high current prices for available units in the market (why are they able to do so? The answer is the sudden new found luck of getting extra $$ for their old condos like hitting lottery
And they can pay 10% or 20% more buying from open market according to their fancy
SO THIS CREATES A TEMPORARY ARTIFICIAL JACK UP OF CONDO PRICES IN SINGAPORE WHICH IS TRANSIENT
MANY FOOLISH MALAYSIANS WHO BUY NOW IN SINGAPORE WILL BE CAUGHT WITH THE PANTS DOWN LATER
WHEN EACH BLOCK OF DEMOLISHED OLD CONDOS ARE REBUILD INTO 1200 UNITS OF NEW CONDOS EACH AND MULTIPLY THAT BY THE THOUSANDS....
SINGAPORE WILL THEN BE FLOODED BY NEW AND VERY EXPENSIVE CONDOS THAT CAUSE A MASSIVE HORRENDOUS GLUT OF GIGANTIC PROPROTION
THIS WILL CAUSE OVER SUPPLY MORE THAN REAL DEMAND
AND PRICES OF SPORE REAL ESTATE WILL THEN COLLAPSE...BRINGING MISERY TO THOSE WHO BUY NOW AT THE VERY TOP
WHAT SHOULD MALAYSIANS DO?
ANSWER IS AVOID BUYING CONDOS IN SPORE BY ALL MEANS
IN FACT IF YOU OWN ANY INVESTMENT CONDOS IN SPORE YOU SHOULD SELL AND GET OUT NOW!!!
TO KNOW MORE VISIT WWW.JOHORINVESTMENT.COM