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How you view the property market now?

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Old 31-01-2019, 09:06 AM   #76
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Did you take into consideration increasing bank loan rates, months unrented out, agent fees ?
Some people may hop when loan rates increase, he will also increase the rent. Sometime it don't work well then you have big amount of money hold up.

Out look for economic is not well. Also, population is not growing or growing fast. So a large percentage of estate depend on foreign investment. These investment can come and go. So think twice if you are not buying for own use.
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Old 31-01-2019, 09:07 AM   #77
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SINGAPORE: Sales of private homes by developers in Singapore surged 52 per cent in November from a year earlier after asharp increase in the number of new projects launched, official data showed on Monday (Dec 17).

The robust sales come - which follow government measures in July to cool the property market - at a time of the year when demand usually begins to wind down due to the start of the year-end holidays, an indication of demand for projects that are conveniently located and reasonably priced, analysts said.

Developers sold 1,198 units last month, excluding executive condominiums, compared with 788 units in the same month last year, data compiled by the Urban Redevelopment Authority (URA) showed.

Good pointer.
Think also saw somewhere 4Q last year, price drop 0.6%.
Is always a bad time if some top property estate guy say is a good time to buy!

Last edited by cscs3; 31-01-2019 at 09:11 AM..
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