Wednesday, September 3, 2008

About this Blog

Property Buying Advice: Property is a consumer item. For sustainable property price, the average person has to be able to afford the average home

Remember, property is a consumer item, not an investment. It needs to be affordable. That is, the average fellow has to be able to buy the average home – and pay for it.

Otherwise, prices must come down.

Even if you're buying a property to rent, the person who rent must be able to afford the rent. Current private property price is unaffordable to home buyers and unaffordable to tenants. So we see that they've gone for HDB instead.

Extracted from the Singapore Property Forum

May also want to read:
History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
When to Buy, When Not to by
Property Price Index Graph Plotter & Online Property Valuation
Your Property Investment Determines Your Financial Success in Your Life
HDB Resales: West Sees Highest Price Increase


Post a Comment

Dear visitors:
Your comments are most welcome!

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 :)