Buying Attitude Index - Q3 2017
Why this index?
In Singapore, there is no official buyer-driven (not developer-driven) index to show Buyers' Attitude for residential properties. This forum is the best place to fill in that gap.
How does it work?
Everyone is entitled for one vote, the index is calculated by:
the percentage of bulls - percentage of bears
(Please vote even if you are neutral because it will change the overall percentage scores).
Historical Numbers:
Quarter, Votes, Index
Q4 2012, 65, +12
Q1 2013, 35, +6
Q2 2013, 56, 0
Q3, 2013, 59, -34
Q4, 2013, 53, -45
Q1, 2014, 45, -33
Q2, 2014, 43, -44
Q3, 2014, 48, -19
Q4, 2014, 29, +14
Q1, 2015, 29, +7
Q2, 2015, 20, +15
Q3, 2015, 16, +56
Q4, 2015, 7, +28
Q1, 2016, 12, +34
Q2, 2016, 16, +32
Q3, 2016, 16, +81
Q4, 2016, 11, +64
Q1, 2017, 14, +21
Q2, 2017, 13, +77
(The max of the index is 100, the minimum of the index is -100)
With Beijing property price drops for 20%, and Canada at its bubble. Are you sure it is still a good time to buy property in Singapore?
Thanks,
Richard