Let's Bet: Property Prices till June 2011

[sunboy77]

With the latest govt. policies, uncertainties in interest rates, unknown external economic factors, unresolved euro situation, QE2 of US$ 600 billion, inflow of hot-money, robust economey, properties buyer-seller standoff, etc, we have seen so many different opinions about how the properties trend will be.

So let us place a bet here. Based on the PPI from 01/11, how will you predictions be at 06/11?

1) PPI will drop MORE THAN 10 points
2) PPI will drop more than 2 points but less than 10 points
3) PPI remains the same to at most 2 points drop
4) PPI increases but less than 3 points
5) PPI increases more than 3 points
6) PPI shoots up by more than 7 points!!

We shall re-visit this in July 2011. Losers will buy the winning vote a round of drinks!

[sunboy77]

Shit. I forgot to check the box to see the identity of all voters... Cannot change liao! >

[jwong71]

ehhmm..if u enter the market..

in a recession,or bgt a cheap unit,

consider:

- you have to hold for 4years
- you have to prepare buffer cash for the low rentals,or zero rental
- your job stability,if need to firesale ur unit. SSD can burn you
your cpf or cash to zero
- its a game for the cash-rich
- this is not a fast game anymore
- with many topped units,by the time you are selling off. too much supply
vs demand. u may realise,ur returns not that attractive.

Even a seasoned buyer will consider the above factors,have you.?

* i always set aside min 100k++ for buffer..
...to cover mortgages with closed eyes,and sweet dream everynite

[sunboy77]

Upz for the vote!

[azeoprop]

People are still buying like no tomorrow at spottiswoode 18 today...

[sunboy77]

People are still buying like no tomorrow at spottiswoode 18 today...

Ya man! What's with them???
My agent told me 2-bedder price is from "$19xx psf to $20xx psf. 180 units sold out of 250 units".

Wah piang, after cooling measures still fish market ah?

[bargain hunter]

bro kingkong heard 220 out of 251 sold liao.

Ya man! What's with them???
My agent told me 2-bedder price is from "$19xx psf to $20xx psf. 180 units sold out of 250 units".

Wah piang, after cooling measures still fish market ah?

[devilplate]

Ya man! What's with them???
My agent told me 2-bedder price is from "$19xx psf to $20xx psf. 180 units sold out of 250 units".

Wah piang, after cooling measures still fish market ah?

ur OTP for clift havent expire rite? definitely better den those who bot spott18