Discussion : Singapore Property

[moneysub]

Hopefully it does crash big big time

[heathen07]

the likelihood of this happening is pretty low.

the general population own one public housing. even when this does happens, this main group of people aren't going to press the panic button and sell because they need a roof over their heads.

if this does happens, it spells opportunities for those with cold hard cash to buy low.
(I do believe many locals are rich and are just waiting for such opening)

[eXis10z]

It is going through a price correction but it won't crash. Those hoping for a crash like the last time round will most likely be disappointed.

[porschespyder101]

When price goes too hi.. rich complain got to deep deeper into their banks for investment n poor complain cannot afford to buy...
So PAP starts cooling measures, price about to drop only not yet drop, already same rich and poor complain again as the rich investments drop and the poor with only 1 house property prices drop too. We regardless of poor or rich always on the loosing end. Bcos only Pay n pay government gain by all these additional taxes.

Conclusions.. property will never crash cos majority of us or parents or siblings own a house maybe 90% singaporean do not want their assets to drop.

[Watcha]

Went to hunt around. Still priced very high. Doesn't look like developers are reducing.

I do see developments not sold out even just opposite mrt.

[Trinidad]

Sg property would never crash... even if it would... recovery is fast....

I would never say never....hehehe

[Athena88]

Sg property would never crash... even if it would... recovery is fast....

[triton]

are you referring to the market worldwide or in Singapore?

Signs are showing that it may crash...
Is it gonna happen?

[gri13]

Market is due for correction
Extent of correction (typically 10 to 20%) depend on selling pressure which in turn depends on fed's tapering policy and the subsequent effects on the increase in interest rates
somewhere between 2008 and 2013 pricing would be good buy

[Imperio]

2 cents opinion……

Crash…..Dont think so as our domestic market are still strong enough to support….just that the TTDSR had reduce the purchase power….if not the market might be still going strong as we asians still believe in brick and mortar items…..

is a good sign for those newbie buyer as least the unit are still within their limits to buy…Imagine if the price go likes those in Hongkong…i think we might have a harder time.

Richer get richer…..poorer get poorer….


For today market, even newbies who just out from work are in fact capable of buying as their combine salary might exceed $4k…if their lending limit is not restrict. unlike those days when our parent need to save up a lot before dumping money to purchase real estate.

may be market will be slower than as compare in 2011-2013.

Even DBS chief also indicate 10-15% reduction….

[Trinidad]

Crash (in excess of 30%) probably not unless there is a structural flaw in world economy affecting Singapore directly.

But drop? Confirm chop and stamp.
At least 20% from peak within next two years.
I see the peak as Sep 2013.

I see 30% retracement as a very possible bottom.
So i am not buying anything in the next year at least unless price is reflected in my favor and my valuation.

[wolfeyes1974]

what signs bro?

even when Eurozone was in trouble and most people think it's going to be a crisis but nothing happened...

[terry79]

will property really crash?

Signs are showing that it may crash...
Is it gonna happen?

[agong]

Inflora top earliest 2015 dec. But likely to be 2016.

2017 have alot. Jewel at buangkok? Park olympic? Palm isle?

[Ken3]

wah, dat was fast... pity couldn't wait for the TOP in 2017...

any recommendations for TOP in 2015?