Why this index?
In Singapore, there is no official index to show Buyers' Attitude for property. This forum is the best place to fill in this gap.
How does it work?
Everyone is entitled for one vote, the index is calculated by
the percentage of bulls - percentage of bears
(Please vote even if you are neutral because it will change the overall percentage scores).
Historical Numbers:
Month, Index, Votes
Oct, 12, 65
Nov, 12, 53
Dec, 5, 41
(The max of the index is 100, the minimum of the index is -100)
Analysis:
The index has dropped from 12 to 5. This can be an early warning.
However, the number of votes has decreased from 53 to 41 as well.
So we need to watch for a couple of more months.
Thanks for voting,
Richard