Why this index?
In Singapore, there is no official 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
(The max of the index is 100, the minimum of the index is -100)
The index has been consistently in the positive range for a few quarters now. With some of the units in Sentosa Cove selling at half price, is it time for bargains? Your votes will tell.
Thanks,
Richard