Economic and financial market outlook

Uncertain times in the US and global economy. Although the financial market's performance is wanting, suggesting a weak economy, a double dip isn't entirely ruled out either. The pessimism in the market is probably overdone too.

Here is an excerpt from one of my favorite source of market commentary:

"That is only natural given the 17% slide that was witnessed between the high on April 26 and the low on July 1 and the macro factors -- Europe's sovereign debt problems, China's efforts to slow its growth, ongoing weakness in the U.S. labor market -- that precipitated that slide.

We, too, have had a more cautious-sounding tone in our market commentary, which is why we would like to take some time this week to discuss the alternative risk of a major move to the upside."

To read the full article:
http://www.briefing.com/Investor/Private/OurView/TheBigPicture.htm

Final few...

Hi Terrene fans! Units sold yesterday 01-04 04-13 04-14!

Remaining units are 04-06 01-06 01-09 01-10 01-17 01-32 02-10.

Less than 10% left

Only 2 & 3 bedroom units left!!!

2-bdrm: #04-06, 02-12, 04-13, 02-14 & 04-14

2-bdrm PES: 04, 06, 09, 16, 17

3-bdrm: #02-10, 04-01

3-bdrm PES: 03, 10, 32

Its safer to just call me to check availability, don't wait sales can suddenly pick up especially if there has been a pause. Hopefully my next update will be - ALL SOLD OUT!!!

Cheers and have a great week!

01-13 & 01-27 sold.

Available ground floor units are stack 03 04 06 07 09 10 17 29 32.

Typical units that are still available are 04-06 02-10 02-12 04-13 02-14 03-14 04-14 02-29.

Total 17 units. Cheers!

S&P: 'limited' risk for banks for their home loans

"Singapore households have strong balance sheets, underpinned by a high savings rate, low debt, and low unemployment," a report by Standard & Poor's (S&P) said.

An unabated rise in price is also unlikely, so the most likely scenario is the gradual grind upwards. Mid-end properties have already reached the previous peak, while high-end ones have yet to do so.

But recent actions suggests that high-end & luxury segment is starting to stir. Stay tune for new launches.

You might also like to check out:
1) Orchard View: http://orchardview.wordpress.com

2) The Lumos: Coming soon, drop me an email to be added to my mailing list

3) Grange Infinite: website coming soon, viewing strictly by appointment

4) Leonie Parc View: website coming soon, viewing strictly by appointment

Final count for Monday 19 July

Hi Terrene fans! Today 7 units taken. 01-20, 01-23, 01-24, 01-26, 01-14, 01-27, 04-08. Yes, ground floor units are moving! Looks like a sell out before this weekend!

Ground floor units moving!

A slew of ground floor units sold just this morning stacks 14,20,23,24,27!

Amazing!