The NSW government just released Metropolitan Plan for Sydney 2036.
Personally, I certainly don't think the Keneally government would win the next election....
Thursday, 16 December 2010
Tuesday, 12 October 2010
[Others.051] More scary news about US banks!
Saw this scary news on Sydney Morning Herald today about lots of US Banks having problem with paper work. Hope this won't cause another "subprime collapse" of the banks. Main concern is, does this mean US Dollars going to keep going down??
Sunday, 13 June 2010
[Others.050] Cheaper supplier for water tank filter found!
Good to be in beautiful Spring time again!
In the past few months, I didn't do much except:
1. Spent a few weeks in Shanghai, mainly visiting World Expo 2010 with family.
2. Finished my 4th City2Surf 14 km run.
Other than that, basically quite busy with work.
I mentiond in this post around Dec 2009 about paying $75 for 2 water tank filter.
We went to Parklea Market the other day and saw this stand from a company called OnTap Water Filters selling $25 each or 4 for $50.

Yes, the sign says "Today only", but based on the amount of dust on it, I don't think it's new, probably showing "Today only" price everyday...
The stand is right next to the "Information Centre" near one of the gates, you won't miss it.
As below, they also have many other filters on the shelf:

The size for ours is 10 inch. We weren't very sure if the size is correct so we only bought one, later compared with the existing one and the size is exactly the same! Yes!

So, there you go, another tip to save some money for everyone (around Sydney I guess :-P )!
In the past few months, I didn't do much except:
1. Spent a few weeks in Shanghai, mainly visiting World Expo 2010 with family.
2. Finished my 4th City2Surf 14 km run.
Other than that, basically quite busy with work.
I mentiond in this post around Dec 2009 about paying $75 for 2 water tank filter.
We went to Parklea Market the other day and saw this stand from a company called OnTap Water Filters selling $25 each or 4 for $50.

Yes, the sign says "Today only", but based on the amount of dust on it, I don't think it's new, probably showing "Today only" price everyday...
The stand is right next to the "Information Centre" near one of the gates, you won't miss it.
As below, they also have many other filters on the shelf:

The size for ours is 10 inch. We weren't very sure if the size is correct so we only bought one, later compared with the existing one and the size is exactly the same! Yes!

So, there you go, another tip to save some money for everyone (around Sydney I guess :-P )!
Friday, 21 May 2010
[Giveaway.002] Result of my first giveaway announced
This is to announce the result of my first giveaway. There were 42 comments, the result is as below, the lucky number is #30.

My template doesn't show the comment order numbers, so I manually counted each of them (twice), and added in the screen dump as below, congratulation to "Annette D"!

An email will be sent to Annette to contact the CSN Stores marketing team within 48 hours.
Thanks everyone!

My template doesn't show the comment order numbers, so I manually counted each of them (twice), and added in the screen dump as below, congratulation to "Annette D"!

An email will be sent to Annette to contact the CSN Stores marketing team within 48 hours.
Thanks everyone!
Monday, 3 May 2010
[PropertyInfo.040] I can hear the bubble cracking....
I mentioned in this previous post "Bubbles, bubbles everywhere the other day about the almost crazy, wild rush we witnessed in a few auctions. Remember the little timber cottage with only 404m2 land with a long queue outside I mentioned? I went to the auction last Saturday and guess how much it was sold for...

I can give you the sold price of 2 other properties as reference:
*A 2 bedroom brick veneer with 316m2 land sold for $726K on 27th March in Auction (mentioned in the same post)

*A 3 bedroom timber cottage with slightly bigger land of 416m2 sold for $760K on 16th April.

The answer is as below:

$806,000 !
Yes, this is really crazy.
There's this article from The Australians today talking about Edward Chancellor, of US investment management firm GMO who predicted the GFC, saying:
"estimates Australian house prices are more than 50 per cent above their fair value -- a once in 40-year event. " If house prices were to revert to their historic long-term average (ratio of average price to average income) they would fall quite considerably,"
He said prices would have to fall by more than a third to reach fair value -- although some of this fall would be cushioned by income growth."
There's also reports about RBA might announce another rate increase tomorrow afternoon due to the soaring house prices. Let's wait and see how everything goes... But for sure, I can hear the bubble cracking...

I can give you the sold price of 2 other properties as reference:
*A 2 bedroom brick veneer with 316m2 land sold for $726K on 27th March in Auction (mentioned in the same post)

*A 3 bedroom timber cottage with slightly bigger land of 416m2 sold for $760K on 16th April.

The answer is as below:

$806,000 !
Yes, this is really crazy.
There's this article from The Australians today talking about Edward Chancellor, of US investment management firm GMO who predicted the GFC, saying:
"estimates Australian house prices are more than 50 per cent above their fair value -- a once in 40-year event. " If house prices were to revert to their historic long-term average (ratio of average price to average income) they would fall quite considerably,"
He said prices would have to fall by more than a third to reach fair value -- although some of this fall would be cushioned by income growth."
There's also reports about RBA might announce another rate increase tomorrow afternoon due to the soaring house prices. Let's wait and see how everything goes... But for sure, I can hear the bubble cracking...
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