Any Singapore Ferrari owners?

I think it needs to consult a Chinese sinseh just like the driver...

 

yup... and its going to get weaker.

 

What u mean? Always use 98 not anything less. Caltex Techron most of the time. What u use?

 

Sometimes paying money to get things done is better & efficient but of course depends on how much to pay for how much to be done.

Here, you Q to get a ticket & wait to pay to get things done

 

Its like the F430 option list. CS rims for the 430 in the States is a US$3k option here its S$12k i believe.

I believe its the tax that kills the pricing.

 

Ideally if i could get a software upgrade for my injury it would be perfect.

 

You're not the Six Million Dollar Man, bro... but then again I think you could be given your recent purchases!

 

I am the Six Million in Debt Man!!

 

Lung

better fix ur ride, if not auntie in Paragon carpark will "chieat" you...

and rem to pull handbrake ok?

 

so book ah?

 

onz it

 

called... phone engaged lei

 

I give you another number...

btw your autograph from thailand is here..

 

anyone going sepang F1?

 

I'll be in KL that weekend. Just booked rooms but they said Lambo boys are watching from TV in hall rather than Sepang itself. Who wants to go live? I'm going there in a 7seater

Any news from HSM?

 

Hahaha! ya rite. Hey lung u hv any advice btwn tubi & novitec? Had heard the tubis but not novitec

 

Sry lung, thats me. Was in my bros acct by mistake.

 

Wow, very impressive credit facility you've got!

 

There is only one Novitec car that I am aware off. Let me pm u w the details.

 

thanks

 

Off topic.

You guys think the current property chase is a smoke screen? There's almost a property going for collective sale every week & there's a few in ST today while the govt. put up some plots for auction as well. Other than the IR, increasing the population by 2mill means the need for more housing=more business=higher rental=higher living cost.

I heard they'll be annoucing a new plot-ratio next year, adding fuel to the en-bloc fire now.

I saw a few properties & the good ones were sold within few hours of listing! While almost all are transacting above valuation. Anyway, bank's valuation are a bit crooked these days.....

Any chance you guys think the interest rate's going up?

 

My 2cts worth: Everyone's jumping on the en-bloc bandwagon but the success rate is actually very low. For every one that succeeds, there's a handful that don't. Some sellers are asking for ridiculous prices but unfortunately there are some developers who were more than willing to meet their asking prices, thus adding fuel to the fire. It's scary to see that some developers are buying land based on the assumption that they would be able to sell at prices 20-30% higher than present!

There could be some changes to plot ratio come the Master Plan revision next year, but it's anyone's guess as to where the affected areas might be. One of the govt.'s proposals to accommodate the targetted population of 6.5m will probably be to build taller HDB flats, already evident by the 50-storey Pinnacle@Duxton project.

The property mkt's been crazy of late but I guess it deserves a break after having been in the doldrums for so long. Interest rates have probably stabilised for now but may trend up if the economy (& the property market) continues to be hot. Gotta monitor the Fed and the submortgage situation in the U.S. for an indication of things to come...

 

Well said.
U should work as a property analyst?

 

Thanks, but I'll rather be in the heart of it all, especially now that the mkt is hot hot hot...

 

Strong chance of further change in plot ratio.

If you are looking for a place to stay, with good capital protection and potential for en bloc- slightly longer term if funds permit is Four Seasons. Most under developed block of land in the heart of Orchard, strong capital gains thus far on apartments there still with some up side. I would be putting my money there.