BTO Galore for Singles.

Infi, it's your life. You have to decide. Opinions given are poorly taken. If you win, you congratulate yourself. If you lose, you curse the person for giving you a stupid advice. No win situation for the one who gives his opinion.

Anyway, I did a little detective work and this is what I think has linked congruently for me that this year there will be BTO Galore for singles.

1st) http://mndsingapore.wordpress.com/2012/09/08/singles-i-hear-you/

Another logical way is to launch a larger number of BTO flats next year.  Question is what should that magical number be.  This requires some study, and market research.  Hence, I need some time. - Khaw Boon Wan Sept 2012

2nd) http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=3853&category=Parliamentary%20Q%20&%20A

2. Between 1992 and 2011, singles bought an average of 4,600 resale flats yearly. There is no rising trend of more singles buying resale flats. In fact, the number of singles buying resale flats has fallen from an average of 5,600 flats a year between 2002 and 2006, to an average of 4,300 flats a year between 2007 and 2011. - MND October 2012

 3rd) http://www.singapolitics.sg/news/more-hdb-flats-cater-singles

He would have started to wind down flat-building but with the Governmen's plan to tweak a policy restricting singles from buying HDB flats, he has "deliberately ramped it up a little bit higher".
"And we're still mulling over it because it's very hard to put a figure on how much should we cater for singles," he added. - Khaw Boon Wan Oct 2012

4th) http://www.todayonline.com/Hotnews/EDC130103-0000028/Resale-flat-prices-continue-to-climb

And as HDB yesterday announced that it will launch at least 23,000 Build-to-Order (BTO) flats this year - or at least 3,000 more than its previous target, Blah blah blah Yesterday, it said: "HDB is finalising its building plans for 2013 and will now target to launch at least 23,000 BTO flats. These projects will have a good geographical spread in various towns or estates. - MND Jan 2013

In summary, in 2012, Khaw Boon Wan hear you singles and intends to launch a larger number of BTO in 2013. He would have wound down the flat building but with Govt's plan to tweak policy restricting singles from buying HDB flats, he deliberately ramp it up a little bit higher.  He needs time to find out what is the MAGICAL number to increase for the singles. He found out there is a falling trend of singles buying HDB Resale from 5,600 to 4,300 by 2011. By 3rd Jan 2013, MND decided the magical number would be 3,000 more BTO than the previous target. 

This is how I linked the news. 

Millionaire Investor

How to become a millionaire investor without paying thru your nose ( I mean >$1,000 course) for a investing course.

Step 1) Watch this.

Step 2) Read this.

The Intelligent Investor - Benjamin Graham

Step 3) Attend SGX Academy courses that have the same content as other commercial courses at a fraction of the price.

http://www.sgxacademy.com/index.php?option=com_sgx&task=listing&category_id=2&Itemid=19

SGX Academy courses are quite comprehensive if you are a beginner and want to know more. I highly recommend going. I've attended some previews and I find it good.

Step 4) Follow some blogs that you think make sense. Createwealth888 and AK71 are the ones that  make sense!

Step 5) Read more books.

Step 6) Setup your investment policy and Take ACTION!

Disclaimer : The millionaire investor was just to entice you to read.. lol.. My circle of friends is small but I have seen more millionaires from property investing and I've seen none from stock investing. Of course, there is a time for everything. Property in Singapore seems limited in capital appreciation for these 5years. Probably Stocks will be taking over.

Bear coming in 2013..

Top 10 reasons why Singapore property market is heading to a Super Prime Mortgage Crisis induced price crash in 2013 to 2018.
No.10: Negative REAL interest rates:  bank deposit rate at negative 4% real rate  FORCE Singaporeans into buying properties to hedge for housing inflation.

No.9: No long term fixed mortgage rates: Just like those adjustable interest only loans during Subprime crisis, current low SG local interest rates are trapping the buyers of today into false sense of mortgage affordability. If interest rates go up by just 1%, it represents 100% increase over current first year rate of 1%!!!!

No.8: The genuine demand side for SG properties has no further potential to the upside:  Casinos, Resorts, Influx of FTs, QE 1 -3, Tax haven for the top 1%, all those elements have ALREADY been fully priced into the current market. If just only one element falls away, the domino effect will start.

No.7: Strong oversupply of new properties: particularly new mid range condo units at fringe areas, will be coming online with the next 5 years. All sold at record high prices, record low interests and record speculative demand. When all those TOP periods coming due, there will be not enough tenants to be found.

No.6: Falling nominal rents: In today’s rental market in SG, rents for brand new condo units are highly negotiable. Under the pressure of looming mortgage repayments, all the freshly minted landlord will have very little negotiation power to fill their new investment properties.

This is from a blog I picked up from hardwarezone. .. sounds pretty convincing don't you think? :)
http://www.100percentinvestor.com/?page_id=65
But of course, always read with a pinch of salt and whether vested interest or conflict of interest is present. Form your own conclusion. But i do agree everything in singapore (the stock market , coe and property ) all feel quite toppish.. I have been in the Australia stock market, now looking at Shanghai Stock Index ETF and other  H-shares and also the Australian property market in Syndey and Brisbane.