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
(The max of the index is 100, the minimum of the index is -100)
In a money printing new world, Singapore was one of the few major cities with a negative property price movement for the past 3 years. Will we play a catch up to have a price jump? In particular if Feb Budget is hinting anything to tweek the cooling measures.
On the other hand, a long overdue global market crash could be on its way in 2017/2018. That would push everything down: employment, stocks and property.
Your vote will give us a hint.
Thanks,
Richard