Sunday, June 15, 2008
About this Blog
The sudden surge in property price in 2007 was to some extent propelled by high-end projects such as these. Will they now lead the property market in its downturn?
While there's no consenus among banks about the property price trends of the mass market, banks have been unanimous about the outlook of the high end properties: Prices for this market segment is set to drop 30% - 40%.
May also want to read:
Banks Researchers on Residential Property Market Outlook
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
Transacted Prices Sharply Lower for High End Properties: URA Data
The table below shows that transacted prcies haved dropped significantly from that of mid 2007 in a number of high end properties.
The sudden surge in property price in 2007 was to some extent propelled by high-end projects such as these. Will they now lead the property market in its downturn?
While there's no consenus among banks about the property price trends of the mass market, banks have been unanimous about the outlook of the high end properties: Prices for this market segment is set to drop 30% - 40%.
May also want to read:
Banks Researchers on Residential Property Market Outlook
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 :)