Sam Gian

Sam Gian

I believe the Singapore Property Market is on a certain & gradual recovery path, after 4 years' of the cyclical decline.
https://fb-s-c-a.akamaihd.net/h-ak-f...7ead21e2fb2300

First of all, Singapore's GDP growth is never better this time round.https://fb-s-a-a.akamaihd.net/h-ak-f...d4cc104de2bbbc

Factories are back in production. But, be careful of the picture in the news report. It was a file picture in 2013. Actually, more factories are using Robots.
https://scontent-amt2-1.xx.fbcdn.net...7b&oe=59839924

Second piece of evidence - supply of new private homes is coming down.
https://scontent-amt2-1.xx.fbcdn.net...69&oe=59B87DFC

This means that prices will eventually stabilised - and then rebound!https://fb-s-b-a.akamaihd.net/h-ak-f...db77bd7eb927a0

Third Evidence - sale of private homes has rebounded in all market sectors, including new home, resale etc.
https://scontent-amt2-1.xx.fbcdn.net...8c&oe=597A0B12


Fourth evidence - there was no decline in the number of Employment Passes issued by MOM.https://fb-s-b-a.akamaihd.net/h-ak-x...6a6845d8089d92

EP holders form the support base for private home leasing. Typical EP holders rent 2-bedroom or 3-bedroom apartments.https://fb-s-b-a.akamaihd.net/h-ak-x...0a630f3d4218ab

Who say rental market is bad? Look at the rental transactions over the past few January - from Jan 2012 to Jan 2017.https://fb-s-c-a.akamaihd.net/h-ak-x...b5373e3ea35e4b

Weak demand for 'Shoebox apartments' has nothing to do with the state of the economy - it is a 'product' issue.https://scontent-amt2-1.xx.fbcdn.net...aa&oe=59B4DD5E

'Regular sized' apartments are still doing fine. So, choose your listings.
https://scontent-amt2-1.xx.fbcdn.net...50&oe=59BB82CE