View Poll Results: How will the Property Price Index be at June 2011?

Voters
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  • PPI will DROP MORE THAN 10 points

    7 12.96%
  • PPI will drop more than 2 points but less than 10 points

    12 22.22%
  • PPI remains the same to at most 2 points drop

    13 24.07%
  • PPI increases but less than 3 points

    8 14.81%
  • PPI increases more than 3 points

    10 18.52%
  • PPI shoots up by more than 7 points!!

    4 7.41%
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Thread: Let's Bet: Property Prices till June 2011

  1. #1
    Banned

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    Default Let's Bet: Property Prices till June 2011

    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!

  2. #2
    Banned

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    Default

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

  3. #3
    Junior

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    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

  4. #4
    Banned

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    Upz for the vote!

  5. #5
    Senior

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

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