View Poll Results: For First Time Condominium Buyer in Singapore, Is It a Good Time to Buy?

Voters
26. You may not vote on this poll
  • Good Time to Buy

    15 57.69%
  • Bad Time to Buy

    9 34.62%
  • Not Sure

    2 7.69%
Results 1 to 15 of 15

Thread: First-Timer Buying Attitude Index - Q1 2015

  1. #1
    Join Date
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    Default First-Timer Buying Attitude Index - Q1 2015

    Assuming you are a first-time buyer for Singapore condominium, is it a good time to buy?

  2. #2
    Join Date
    Jul 2009
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    Default

    For general Singapore residential buying attitude index, you can visit the thread:
    http://forums.condosingapore.com/sho...-Index-Q1-2015

    ...or, simply type in "buying attitude index" in www.google.com.sg,
    it is among the top search results. Thanks a lot for voting.

  3. #3
    Join Date
    Jul 2009
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    Default

    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 Data

    Time Frame, First Timer Index, General Index
    Q1 2014, -16, -34
    Q2 2014, +44, -43
    Q3 2014, -8, -19
    Q4 2014, +17, +12
    Q1 2015, ??, +7

    It is clear that the First Time Buying Attitude Index is a leading indicator. And also the general Buying Attitude Index has turned to POSITIVE. So your vote will confirm whether the tide has indeed changed - we want to be the early birds: the first group to spot the down trend and the first group to sense the up trend.

    Thanks for voting - even when you are neutral, it will affect the overall index.

  4. #4
    Join Date
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    Default

    Number of votes: 8
    Index: 88 - 13 = 75

    apparently we need more votes.
    thanks,

  5. #5
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    Number of votes: 9
    Index: 89 - 11 = +78

    This highest I have ever seen, but need more votes to confirm.

    Thanks,

  6. #6
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    Default

    Number of votes: 12
    Index: 67 - 25 = +42

  7. #7
    Join Date
    Feb 2014
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    476

    Default

    Quote Originally Posted by richwang View Post
    Number of votes: 12
    Index: 67 - 25 = +42
    Did this voting forecasted the start of last property bull back in 2009?

  8. #8
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    Good question. But the index only started in 2014, and because it is subjective index by the voters, we cannot back fill the data.

    Number of votes: 19
    Index: 58 - 32 = 26

  9. #9

    Default

    buying attitude will never improve or flamboyant if government does not lift up TDSR and other cooling measures.

  10. #10
    Join Date
    Jul 2009
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    Default

    TDSR will stay (and should stay).
    ABSD will be the first one to go, and first timer buying attitude index gives you a clue of what the market will be if that happens.

    Number of votes: 20
    Index: 60 - 30 = 30

  11. #11

    Default

    i would thought that TDSR is still the main killer as compared to ABSD.

  12. #12
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    Yes, TDSR is the main killer - and it should have been the first killer. (But G. doesn't make money from this rule.) MAS has said it will be a "permanent" rule.
    ABSD is temporary. Indeed it will be removed sector by sector. (Good money for the G.)

  13. #13
    Join Date
    Dec 2008
    Posts
    386

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    Quote Originally Posted by prop1688 View Post
    buying attitude will never improve or flamboyant if government does not lift up TDSR and other cooling measures.
    Yeah by the time they lift all CM interest rates will be 2-3% by then. Enjoy the low interest rates while you still can! Those who haven't, quickly leverage to the max!!!

  14. #14

    Exclamation

    I think days of extra-ordinary low interest will be over. Look at what is the current sibor rate. It is going to break the barrier of 1.0 in the very near future.

    My take about the interest rate trending can be found in this post:
    http://propertyinvestmentsingapore.s...tlook-in-2015/

  15. #15
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    Jun 2009
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    Quote Originally Posted by prop1688 View Post
    I think days of extra-ordinary low interest will be over. Look at what is the current sibor rate. It is going to break the barrier of 1.0 in the very near future.

    My take about the interest rate trending can be found in this post:
    http://propertyinvestmentsingapore.s...tlook-in-2015/
    What does that to do/relate with AUD dollars? AUD dollars is thumping down.

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