FOREIGNERS PAY $690.000 FOR CONDO - SINGAPOREANS PAY $980,000

From: "AleXX"
Date: Tue, 28 Jul 2009 21:55:05 +0800
Local: Tues, Jul 28 2009 9:55 pm
Subject: Re: FOREIGNERS PAY $690.000 FOR CONDO, SINGAPOREANS PAY $980,000!

If they got the money to throw around, why not?
Just like Singapore's Temasek are created to loss money.

"Pak Tun" wrote in message

> Huge crowds gather each time a new condo project is luanched. Many bought
> these units thinking they had a good buy. many of these buyers are just
> kiasu and followed the herd mentality. One sheep jump over the cliff and
> the
> rest follow.

> The truth is that they are paying much higher than foreigners. Many of
> these
> developments are already presold to foreigners in Indonesia, Malaysia,
> Thailand, taiwan and Hongkong, before being offered to Singaporeans. Many
> foreigners bought these units at a much lower price. For example, a
> similar
> unit sold in Indonesia at $690,000 ( conveyance and stamp fee included) is
> priced at $980,000 here at a soft launch!

> Go to any sales office and one can actually sense the "take it or leave it
> attitude" of these developers. When did developers become so cocky
> especially so many people are still jobless and bankruptcy is still on the
> rise? The answer is that they already presold a good percentage of their
> developments overseas!

> Buyers beware!