Sunday, June 15, 2008
About this Blog
- OCBC Investment Research Report, June 2008
May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
Smart Buyers, 10 reasons to wait
Property Price Index Graph Plotter & Online Property Valuation
Low Take-up in OCR region shows Market Weakness in Outside Central Region Segment
The take-up rate for new launches plunged sharply from 82.9% in 4Q07 to 54.4% in 1Q08 (Chart 2), the lowest since 2000. While developers continued to cut back on their launches in 1Q08, the lower number of units launched still could not be absorbed by the market. A further breakdown of the take-up rate according to different regions showed that the weakness in 1Q08 was in the Outside Central Region (OCR), while take-up rates in the other 2 regions had remained stable following sharp declines in the previous few quarters- OCBC Investment Research Report, June 2008
May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
Smart Buyers, 10 reasons to wait
Property Price Index Graph Plotter & Online Property Valuation
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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 :)