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Old 01-08-2020, 09:45 AM   #11
Junior Member
Join Date: Jul 2020
Posts: 43
Yes, yes,I agree with you, these are gimics to attract customers.

Is 38 jervois (a boutique development with poor layout, limited condo facilities) after discount still sell u at 2kpsf at a location not even near mrt or amenities still consider cheap? Obviously the initial launch price for 38 jervois was seriously inflated and thatís y canít move units.

Donít be fooled by the so called ďfire-saleĒ and rush in like the last 16 buyers thinking itís a steal at 2kpsf for that kinda boutique unit at that kinda location.

Yes, yes,I agree with you, these are gimics to attract customers. But with so many issues in the market and so much of disruption, I think those PSFs are non-recoverable in future at the time of resale ...

Some of the statistics below ( cant post the exact links but you can get just by googling these )

New roles for laid-off Singapore workers may not be perfect fit. PMET jobs, for example, tend to be quite specialised and need training first; other jobs may not be appealing enough, say observers :

Singapore property investment sales fall 45% in first half of 2020:

Singaporeís economic slump may have bottomed out but job losses, wage cuts likely to continue: Economists

About 3,800 companies closed down in April; expect uptick in coming months: Chee Hong Tat

SAT, JUL 18, 2020 : Where are the jobs?

JUL 15, 2020 : Singapore enters recession with record 12.6% GDP fall in Q2

JUL 14, 2020 : CNA : Singapore in technical recession after GDP shrinks 41.2% in Q2 from preceding quarter due to COVID-19
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