Saturday, May 24, 2008

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Singapore Property Authorities Forecasts Consistently Gloomy

By Guest
Posted: 23-05-2008

MTI says prices have peaked, GIC says property market is being affected, Credit Suisse, Barclays and others have said prices will fall up to 40%...
it all's consistent with the view that now would NOT be the right time to buy.

As for recent announcements regarding building thousands and thousands of new homes both public and private in central and sub-urban districts, that represents massive SUPPLY that will match any increase in population the government intends to import.


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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)