So since many people are holding back on purchasing becoz of ABSD or TDSR. In the event that the ABSD and TDSR are remove. either together or separately what would the likely scenario be?
Currently..
For example currently there are 3. groups of buyers.
1-Cash rich buyers but too stingy to buy becoz of ABSD. Don't want to pay the extra Tax. They waiting for it to removed.
2-Insufficient cash flow due to TDSR but willing to pay ABSD. waiting for TDSR to be removed.
3- Enough for 20% and fail TDSR. Waiting for both to be removed.
My view is group 1 will buy if the market price drop enough to a worthy level and if developer gives enough incentive. For group 2 by time TDSR is removed sellers or developers would have adjusted up their prices to factor for the surge of buyers coming back in. At most some early movers will be able to catch a few good buys. For group 3. by time both measures are removed interest would have moved up. Unlikely there are good picks left as the 1st and 2nd group would have pick up most of the buys and sellers n developers would have adjusted their asking base on the return of buyers.
My take the best buy might be when ABSD is removed and before TDSR is removed. If ever TDSR will be removed or bargain enough from developer to offset abad and more.