Originally Posted by
wesing
As advised by the sifus in this forum, buy according to your means. If the choice unit is not affordable to you, so be it and look elsewhere. If it is within your finanical means to buy it and you like it very much, just do it.
Dun try timing the market. Dun think there is ever a good time to buy and sell. When prices drop, you will hope that it will fall further and so you will wait longer and thus miss the opportunity.
For example, in May 2009, I was quoted by FEO around $1,170-1,180 psf for a couple of 2-bedder (between 840-893 sq ft). Found it to be expensive then (although I could afford it) and expected prices to drop further. Man I was wrong. Now it is selling at $1,600 psf and for bigger units somemore.