Buying Attitude Index - Q2 2015

[richwang]

Why this index?
In Singapore, there is no official index to show Buyers' Attitude for residential properties. This forum is the best place to fill in that 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:

Quarter, Votes, Index
Q4 2012, 65, +12
Q1 2013, 35, +6
Q2 2013, 56, 0
Q3, 2013, 59, -34
Q4, 2013, 53, -45
Q1, 2014, 45, -33
Q2, 2014, 43, -44
Q3, 2014, 48, -19
Q4, 2014, 29, +14
Q1, 2015, 29, +7
(The max of the index is 100, the minimum of the index is -100)

The index has remained in the positive zone regardless of mass media focusing on SIBOR rates increase and property prices dip.
Are we secretly moving into buying range now?
Yours votes will tell.

Thank you for voting - regardless of which camp you are in.
Richard

[bargain hunter]

Voted good time to buy but only feels so for CCR big units. not sure about other segments.

[richwang]

Good point.
Anyone has the link for Sentosa fire sell, something like bought around 23M two years ago and sold for 17M recently (... or bought at 27M and sold at 13M, I cannot remember.)

[richwang]

Just imagine if ABSD for luxury property is gone!
... and those big funds are already buying in bulk.

[bargain hunter]

i think its asking for 27m, buyers low ball at 13m, zero transactions.

Good point.
Anyone has the link for Sentosa fire sell, something like bought around 23M two years ago and sold for 17M recently (... or bought at 27M and sold at 13M, I cannot remember.)

[richwang]

Number of votes: 8
Index: 50 - 13 = + 37

we need more votes.

Thanks,

[richwang]

Number of votes: 15
Index: 47 - 33 = +14

Thanks for voting!

[richwang]

Number of votes: 16
Index: 50 - 31 = 19

Thanks for voting.