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Thread: Is the market losing steam?

  1. #11

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    Quote Originally Posted by Arcachon View Post
    Just like 2006, where were you in 2006. did you miss the action and going to miss this also.

    You are mixing apples with oranges, very dangerous when looking at property this way.

    Those who say crash crash crash are no longer around, soon those who say how to chiong will be gone also.
    We shall see how the market play out over the next two quarters to get a better feel of the market.


  2. #12

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    My feel is that buyers in Singapore know there are options and some are holding back if they are eyeing certain locations ONLY. If they want to go in this year, if its something they like, I think they will go in.

    Therefore launches that are of 'good value', it will still be 80-90% sold within a year or so after launch (total units, not by phases). The new age of buyers are definitely more discerning than say 10 years ago. I would put it as market sophistication as now there are a lot more information at their finger tips to make those decisions.


  3. #13

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    Quote Originally Posted by PropVestor View Post
    My feel is that buyers in Singapore know there are options and some are holding back if they are eyeing certain locations ONLY. If they want to go in this year, if its something they like, I think they will go in.

    Therefore launches that are of 'good value', it will still be 80-90% sold within a year or so after launch (total units, not by phases). The new age of buyers are definitely more discerning than say 10 years ago. I would put it as market sophistication as now there are a lot more information at their finger tips to make those decisions.
    True, there are people who are holding back since 2013 and still holding for another year or two should not be a problem.

    Once they start to see 'good value' then the down cycle begin and they will be still holding back.


  4. #14

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    The next 6 to 9 months, we can be more confidence if the current buying interest is that of a 'dead cat bounced' which will lead to continuous down trend thereafter or the market will take off from here for another bull run like we witness between 2009 to 2013.


  5. #15

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    this is not Commonwealth Towers - MRT is not at the doorstep of the condo.

    Serangoon is RCR, not OCR.

    I like the Affinity site, it sits on elevated road, with a small side road in front. Those condos facing the landed houses will have nice views.

    The only drawback is the location - it's not easily accessible via MRT, I don't see why buyers should pay a premium.

    Where are the cash-rich buyers with plenty of money to spare from en blco sales proceeds? what's 10-20% premium to current prices to them? why don't they snap up the units if they feel they are getting good deals?


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