Buying Attitude Index - Q4 2016

[richwang]

Why this index?
In Singapore, there is no official buyer-driven (not developer-driven) 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
Q2, 2015, 20, +15
Q3, 2015, 16, +56
Q4, 2015, 7, +28
Q1, 2016, 12, +34
Q2, 2016, 16, +32
Q3, 2016, 16, +81
(The max of the index is 100, the minimum of the index is -100)

Collectively, we have once again "forecasted" a major policy direction shift (ok, tweak, "not cooling" measure). The window opportunity for TDSR-driven bargin hunt might have gone. While the main stream media is continuously reporting about a massive TOP supply for Year 2016/2017, the pipeline units for new sale have indeed shrank. On the other hand, a global financial crisis is on its way. So is it a good time to buy singapore residential properties?Your votes will tell.

Thanks,
Richard

[richwang]

"last year your Chairman volunteered his expert opinion on the rosy future of the aluminum business. Several minor adjustments to that opinion - now aggregating approximately 180 degrees - have since been required."

Warren Buffett

http://www.berkshirehathaway.com/letters/1983.html

So you will never expect our government to openly "reverse" the cooling measures, they will just need to keep tweaking the measures until 180 degree policy shifts have already been made!

[richwang]

Number of votes: 3
Index: +67

Apparently we need more votes. (84 views but only 3 voters?)

[richwang]

Number of votes: 6
Index: 67 - 17 = +50

Thanks for voting.

[richwang]

Number of votes: 11
Index: 73 - 9 = +64

[richwang]

So the number of votes is coming down ...