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Thread: Private home sales seen falling 25% next year

  1. #6
    Junior

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    it's actually a road of no return for Obi-wan ... He will just release more and more land ... If he do the about turn, the situation might just get worst but get it wrong and prices might just crash w oversupply. A delicate situation imo ...

  2. #7
    Office Boy

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    I think analysts who write such articles should be responsible. Just like those who say property prices will fall 30% in 2012 because of the 10% ABSD.

    If we allow analysts to just blurt such forecasts, then we will have a lot of Ah B around! I propose analysts who make forecasts have to publish letter of apologies explaining why their forecasts Re wrong if proven so in future.

    So that we know which analysts have been apologizing all the time.

    How can on the same day got analysts say up 10% and another say down 25%?

    Those analysts who shout big numbers to get attention must pay a morale price!

    DKSG

  3. #8
    Junior

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    Quote Originally Posted by bakasa2002
    it's actually a road of no return for Obi-wan ... He will just release more and more land ... If he do the about turn, the situation might just get worst but get it wrong and prices might just crash w oversupply. A delicate situation imo ...
    Check this out
    http://www.ura.gov.sg/sales/GLS-URA.html

    1. there is a minimum bid to the land price....
    2. Too much land, the developers will not bite....
    3. You have seen cases of land bidding rejected...

    What will be interesting is the population stats for end 2012 and compare it with 3rd quarter results recently published.

  4. #9
    东方

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    Watching this bery closely. Gonna get sexciting....


  5. #10
    Newbie

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    How would price fall? Every parcel of land they bid is getting more & more costly. ultimately, the cost will will be transfer to the consumers. the cooling measure govt kick in is to deter anti spec. have u every think that those who have hold on to their properties have make $$$?
    For details, please visit properties in singapore

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