On 1-September 2013, I mentioned to watch out for the Singapore property market. The price will come down. Both on the resale and new private property. On top of that the rental as well. http://achua138.blogspot.sg/2013/09/property.html
We saw that in early 2014. Till date, say the resale HDB flat, in general it has came down around 15% to 18%.
Past three months, we saw lot of so called property experts came out to say that it is time to buy houses now as it has bottom up. People spent money to attend seminar which conducted by those experts as to listen ad seek to their view.
I won't listen to all these so called experts. As I understand who and where they came from. My view on Singapore property market is in fact it has not even reach the bottom yet. There are still rooms for the price to go down. Why I said that? Simple. Interest rate has not gone up yet. Global stock market has not really tumble.
I saw developers eagerly lunching and trying to sell their unit. Hong Kong property guru Li Ka-Shing was selling his property shares. So what was the indicator? Watch out not only on the Singapore property market but also Hong Kong, Beijing........
We saw that in early 2014. Till date, say the resale HDB flat, in general it has came down around 15% to 18%.
Past three months, we saw lot of so called property experts came out to say that it is time to buy houses now as it has bottom up. People spent money to attend seminar which conducted by those experts as to listen ad seek to their view.
I won't listen to all these so called experts. As I understand who and where they came from. My view on Singapore property market is in fact it has not even reach the bottom yet. There are still rooms for the price to go down. Why I said that? Simple. Interest rate has not gone up yet. Global stock market has not really tumble.
I saw developers eagerly lunching and trying to sell their unit. Hong Kong property guru Li Ka-Shing was selling his property shares. So what was the indicator? Watch out not only on the Singapore property market but also Hong Kong, Beijing........
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