CityDev    Last:4.92   -

CityDev

single handedly pulling down STI index

 

rest of property counters aint doing too bad.. only citydev drops so much. crazy

 

from the looks of things, property counters not doing well today..

 

More downside if goes below 12.5.

 

TA fans will be kissing their baobei charts...

    Today's break-down from the flat triangle is a perfect example

          of the beauty of charts....

 

Need poh chai for this counter... yikes!

 

 

health lah, wip,working very hard . better than others such as china sport , BT,

 

everyday up alot down alot...

 

City Development current PE of 20 is not cheap...
http://mystocksinvesting.com/singapore-stocks/city-development/city-development-citydev-on-uptrend-but/

 

rickyw      ( Date: 04-Nov-2010 17:33) Posted: dont touch, expect will drop

 

dont touch, expect will drop

 

Dropping like poo everyday.. what's up?

 

H E A R D :

prOperty prIces  In  any  cOuntry ?

are  determIned  by ?

prOperty  Owners  In  pOwer ? 

pharoah88      ( Date: 06-Sep-2010 12:13) Posted: H E A R D : check  Property Register ? majorIty  CREME  PROPERTY  Owners ? determInes  ? FUTURE  PROPERTY  PRICES ?  FearValueGreed      ( Date: 17-Jul-2010 13:55) Posted: Economist: Singapore is the frothiest property market July 12, 2010 · Leave a Comment Kwek et al will not be happy with the recent issue of the Economist, since the dismal publication has pointed the big red finger at Singapore as having ‘overtaken Hong Kong to become the frothiest market among those we monitor’. Specifically, the Economist uses long term price-to-rent ratios as the indicator of under or overvaluation. We’re ranked number 1 (yay, number 1 for something again!) for having grown our overvaluation by the fastest among the economies that the Economist tracks. In terms of absolute ratios, Singapore property is just slightly more overvalued than China property – and in the same ball park as Canada (which has been pointed out by some as another bubble waiting to burst). Expect the Singapore developer drinking party to issue a strongly worded letter to the Economist letters page, followed immediately after by an internal memo to their respective marcomms departments to ‘cease and desist’ from all ad spend with ‘the blardy ang magazine’ hereafter. Don’t we just HATE it when our beer comes with too much foam? (Note to all drinkers of VB – in absolute terms, Australia’s propery market is by far and away the foamiest) From the Economist “Froth and stagnation – House prices in parts of Asia continue to soar, despite efforts to slow them” (ht Mish) IN RECENT months several countries have experimented with measures to cool bubbly property markets. Yet since The Economist’s global round-up of housing markets was last published in April, house-price inflation has accelerated in some of the very countries where the authorities have intervened to slow its rise. Asia has been at the forefront of such interventions. In February Singapore’s government raised down-payment requirements and imposed stamp duties on all residential properties sold within a year of purchase in a bid to curb speculation. Despite these steps prices in the island nation rose by nearly 40% in the year to the end of the second quarter, after a rise of just over 25% in the year to the end of the first quarter. Singapore has overtaken Hong Kong to become the frothiest housing market among those we monitor. House prices in Australia rose by 20% in the year to the end of the first quarter, faster than the 13.5% recorded in the 12 months to late 2009. More concerning, however, is our analysis of “fair value” in housing, which is based on comparing the current ratio of house prices to rents with its long-term average. By this measure Australian property is the most overvalued of any of the 20 countries we track. A frothy property market was one of the reasons for the Reserve Bank of Australia raising interest rates six times between October and May. Since then, the bank has become more sanguine about the state of the market. It cited “some signs that the earlier buoyancy in the housing market was easing” when keeping interest rates on hold in June. China’s property-cooling measures, meanwhile, which were similar to Singapore’s, were announced in April. Our house-price figures for China now extend to the end of May. They help explain why the Chinese government had become more concerned. Year-on-year house-price inflation peaked in April at 12.8%, but has since moderated a bit. The prospect that house prices in China are about to fall sharply worries some. Kenneth Rogoff, a Harvard professor, said this week: “You’re starting to see that collapse in property and it’s going to hit the banking system.” But Sun Mingchun, chief economist for China at Nomura, an investment bank, reckons that high down-payment requirements and the preponderance of cash purchases by Chinese homebuyers will help to limit the effects of any falls on the real economy. For America the balance of evidence points to a renewed housing slowdown. Although both the Case-Shiller national and ten-city indices are up year-on-year, the national index fell during the three months to the end of March. The FHFA index, which excludes houses that are financed with large mortgages, was still down compared with a year earlier. More recent home-sales data have been similarly downbeat. Sales of new homes declined by 33% from April to May, thanks to the expiry of a tax credit. Just 28,000 new units were sold during May, the lowest total on record for that month. In Asia policymakers are trying to prick a bubble. In America they are still dealing with the consequences of the last one.     So you have a choice

 

H E A R D :

check  Property Register ?

majorIty  CREME  PROPERTY  Owners ?

determInes  ?

FUTURE  PROPERTY  PRICES ? 

FearValueGreed      ( Date: 17-Jul-2010 13:55) Posted: Economist: Singapore is the frothiest property market July 12, 2010 · Leave a Comment Kwek et al will not be happy with the recent issue of the Economist, since the dismal publication has pointed the big red finger at Singapore as having ‘overtaken Hong Kong to become the frothiest market among those we monitor’. Specifically, the Economist uses long term price-to-rent ratios as the indicator of under or overvaluation. We’re ranked number 1 (yay, number 1 for something again!) for having grown our overvaluation by the fastest among the economies that the Economist tracks. In terms of absolute ratios, Singapore property is just slightly more overvalued than China property – and in the same ball park as Canada (which has been pointed out by some as another bubble waiting to burst). Expect the Singapore developer drinking party to issue a strongly worded letter to the Economist letters page, followed immediately after by an internal memo to their respective marcomms departments to ‘cease and desist’ from all ad spend with ‘the blardy ang magazine’ hereafter. Don’t we just HATE it when our beer comes with too much foam? (Note to all drinkers of VB – in absolute terms, Australia’s propery market is by far and away the foamiest) From the Economist “Froth and stagnation – House prices in parts of Asia continue to soar, despite efforts to slow them” (ht Mish) IN RECENT months several countries have experimented with measures to cool bubbly property markets. Yet since The Economist’s global round-up of housing markets was last published in April, house-price inflation has accelerated in some of the very countries where the authorities have intervened to slow its rise. Asia has been at the forefront of such interventions. In February Singapore’s government raised down-payment requirements and imposed stamp duties on all residential properties sold within a year of purchase in a bid to curb speculation. Despite these steps prices in the island nation rose by nearly 40% in the year to the end of the second quarter, after a rise of just over 25% in the year to the end of the first quarter. Singapore has overtaken Hong Kong to become the frothiest housing market among those we monitor. House prices in Australia rose by 20% in the year to the end of the first quarter, faster than the 13.5% recorded in the 12 months to late 2009. More concerning, however, is our analysis of “fair value” in housing, which is based on comparing the current ratio of house prices to rents with its long-term average. By this measure Australian property is the most overvalued of any of the 20 countries we track. A frothy property market was one of the reasons for the Reserve Bank of Australia raising interest rates six times between October and May. Since then, the bank has become more sanguine about the state of the market. It cited “some signs that the earlier buoyancy in the housing market was easing” when keeping interest rates on hold in June. China’s property-cooling measures, meanwhile, which were similar to Singapore’s, were announced in April. Our house-price figures for China now extend to the end of May. They help explain why the Chinese government had become more concerned. Year-on-year house-price inflation peaked in April at 12.8%, but has since moderated a bit. The prospect that house prices in China are about to fall sharply worries some. Kenneth Rogoff, a Harvard professor, said this week: “You’re starting to see that collapse in property and it’s going to hit the banking system.” But Sun Mingchun, chief economist for China at Nomura, an investment bank, reckons that high down-payment requirements and the preponderance of cash purchases by Chinese homebuyers will help to limit the effects of any falls on the real economy. For America the balance of evidence points to a renewed housing slowdown. Although both the Case-Shiller national and ten-city indices are up year-on-year, the national index fell during the three months to the end of March. The FHFA index, which excludes houses that are financed with large mortgages, was still down compared with a year earlier. More recent home-sales data have been similarly downbeat. Sales of new homes declined by 33% from April to May, thanks to the expiry of a tax credit. Just 28,000 new units were sold during May, the lowest total on record for that month. In Asia policymakers are trying to prick a bubble. In America they are still dealing with the consequences of the last one.     So you have a choice

 

Today is a Good Day to Buy CITYDEV.

Now trading at $11.38.

1. In an Uptrend Channel with Potential High of $12.20.

2. Just Bound Off its Support Level of $11.10. Price is set to goes higher.

3. MACD is beginning to reverse upward, a sign of that price has stabilized and moving up.

4. Stochastic has left the Oversold Region. This is a good time to start Buying.

5. Revenue, Profit and Cash Flow are good QoQ and YoY. Although there could be a slowdown in property sales in the coming months, but this would not affect CITYDEV financial much.

6. Recent Property Sell Down has pull CITYDEV price to current attractive level. Singapore Properties are still pretty much in demand, price is still set to rise.

Although, I only mentioned CITYDEV here, but some other property counters are also good to Buy today.

I suggest AscottREIT, Kepland, Allgreen and Ho Bee.

This is my personal analysis. You invest at your own risk.

Good luck to all.

 

Economist: Singapore is the frothiest property market July 12, 2010 ·

Leave a Comment Kwek et al will not be happy with the recent issue of the Economist, since the dismal publication has pointed the big red finger at Singapore as having ‘overtaken Hong Kong to become the frothiest market among those we monitor’. Specifically, the Economist uses long term price-to-rent ratios as the indicator of under or overvaluation. We’re ranked number 1 (yay, number 1 for something again!) for having grown our overvaluation by the fastest among the economies that the Economist tracks. In terms of absolute ratios, Singapore property is just slightly more overvalued than China property – and in the same ball park as Canada (which has been pointed out by some as another bubble waiting to burst). Expect the Singapore developer drinking party to issue a strongly worded letter to the Economist letters page, followed immediately after by an internal memo to their respective marcomms departments to ‘cease and desist’ from all ad spend with ‘the blardy ang magazine’ hereafter. Don’t we just HATE it when our beer comes with too much foam? (Note to all drinkers of VB – in absolute terms, Australia’s propery market is by far and away the foamiest) From the Economist “Froth and stagnation – House prices in parts of Asia continue to soar, despite efforts to slow them” (ht Mish) IN RECENT months several countries have experimented with measures to cool bubbly property markets. Yet since The Economist’s global round-up of housing markets was last published in April, house-price inflation has accelerated in some of the very countries where the authorities have intervened to slow its rise. Asia has been at the forefront of such interventions. In February Singapore’s government raised down-payment requirements and imposed stamp duties on all residential properties sold within a year of purchase in a bid to curb speculation. Despite these steps prices in the island nation rose by nearly 40% in the year to the end of the second quarter, after a rise of just over 25% in the year to the end of the first quarter. Singapore has overtaken Hong Kong to become the frothiest housing market among those we monitor. House prices in Australia rose by 20% in the year to the end of the first quarter, faster than the 13.5% recorded in the 12 months to late 2009. More concerning, however, is our analysis of “fair value” in housing, which is based on comparing the current ratio of house prices to rents with its long-term average. By this measure Australian property is the most overvalued of any of the 20 countries we track. A frothy property market was one of the reasons for the Reserve Bank of Australia raising interest rates six times between October and May. Since then, the bank has become more sanguine about the state of the market. It cited “some signs that the earlier buoyancy in the housing market was easing” when keeping interest rates on hold in June. China’s property-cooling measures, meanwhile, which were similar to Singapore’s, were announced in April. Our house-price figures for China now extend to the end of May. They help explain why the Chinese government had become more concerned. Year-on-year house-price inflation peaked in April at 12.8%, but has since moderated a bit. The prospect that house prices in China are about to fall sharply worries some. Kenneth Rogoff, a Harvard professor, said this week: “You’re starting to see that collapse in property and it’s going to hit the banking system.” But Sun Mingchun, chief economist for China at Nomura, an investment bank, reckons that high down-payment requirements and the preponderance of cash purchases by Chinese homebuyers will help to limit the effects of any falls on the real economy. For America the balance of evidence points to a renewed housing slowdown. Although both the Case-Shiller national and ten-city indices are up year-on-year, the national index fell during the three months to the end of March. The FHFA index, which excludes houses that are financed with large mortgages, was still down compared with a year earlier. More recent home-sales data have been similarly downbeat. Sales of new homes declined by 33% from April to May, thanks to the expiry of a tax credit. Just 28,000 new units were sold during May, the lowest total on record for that month. In Asia policymakers are trying to prick a bubble. In America they are still dealing with the consequences of the last one.

 

 

So you have a choice

 

lol now u dare to buy properties stock mah? China tightening policy drives fears into ppl haha

 

next in line to go up will be properties counters, jan n feb private home sales hit record px high

lowchia      ( Date: 03-Mar-2010 13:12) Posted: Now the City Dev is back @10.28 when STI in RED.  Well done big boys!!  lowchia      ( Date: 02-Mar-2010 19:34) Posted: Just saw the 10 mins charts of City Dev for today (2/Mar) and thought of sharing with everyone. Throughout the whole day there are selling pressure on City Dev but unable to push it down through the support of $10.28. At the very last 20 mins before closing, suddenly the City Dev is continuously been sell down all the way without giving any bulls to react. The sell down VOL is quite low in fact but the SWIFT action enable this movement to succeed. I am wonder what is that "bank" thinking? Try to scoop low and drive up the City Dev to gain smart money later? U can see the chart at  http://singstock.blogspot.com/

 

Now the City Dev is back @10.28 when STI in RED.

 Well done big boys!! 

lowchia      ( Date: 02-Mar-2010 19:34) Posted: Just saw the 10 mins charts of City Dev for today (2/Mar) and thought of sharing with everyone. Throughout the whole day there are selling pressure on City Dev but unable to push it down through the support of $10.28. At the very last 20 mins before closing, suddenly the City Dev is continuously been sell down all the way without giving any bulls to react. The sell down VOL is quite low in fact but the SWIFT action enable this movement to succeed. I am wonder what is that "bank" thinking? Try to scoop low and drive up the City Dev to gain smart money later? U can see the chart at  http://singstock.blogspot.com/

 

Just saw the 10 mins charts of City Dev for today (2/Mar) and thought of sharing with everyone.

Throughout the whole day there are selling pressure on City Dev but unable to push it down through the support of $10.28.

At the very last 20 mins before closing, suddenly the City Dev is continuously been sell down all the way without giving any bulls to react. The sell down VOL is quite low in fact but the SWIFT action enable this movement to succeed.

I am wonder what is that "bank" thinking? Try to scoop low and drive up the City Dev to gain smart money later?

U can see the chart at  http://singstock.blogspot.com/