Monday, June 16, 2008

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Residential Property Demand-Supply More Balanced

After seeing an acute housing supply crunch in 2007, the residential property is now moving towards better balanced between demand and supply, as more supply comes on stream. This situation is reiterated by Minister for National Development, Mah Bow Tan, in the media reports today. Going forwards, therefore, one would expect property price to moderate from its peak in 2007, since the worst of the residential property supply crunch is over.

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 :)