View Poll Results: Is It a good time to buy residential property in Singapore now?

Voters
14. You may not vote on this poll
  • Good time to buy

    7 50.00%
  • Bad time to buy

    4 28.57%
  • Not sure

    3 21.43%
Results 1 to 11 of 11

Thread: Buying Attitude Index - Q1 2017

  1. #1
    Join Date
    Jul 2009
    Posts
    1,823

    Default Buying Attitude Index - Q1 2017

    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
    Q4, 2016, 11, +64
    (The max of the index is 100, the minimum of the index is -100)

    In a money printing new world, Singapore was one of the few major cities with a negative property price movement for the past 3 years. Will we play a catch up to have a price jump? In particular if Feb Budget is hinting anything to tweek the cooling measures.
    On the other hand, a long overdue global market crash could be on its way in 2017/2018. That would push everything down: employment, stocks and property.

    Your vote will give us a hint.

    Thanks,
    Richard

  2. #2
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 4
    index: 50 - 25 = +25

  3. #3
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 5
    Index: 40 - 40 = 0

  4. #4
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 10
    Index: 40 - 40 = 0

    Sounds like the group has sensed something wrong is coming?

  5. #5
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    If u look at the voter list, a few long term bulls have turned bears.

  6. #6
    Join Date
    May 2012
    Posts
    4,035

    Default

    Quote Originally Posted by richwang View Post
    Number of votes: 10
    Index: 40 - 40 = 0

    Sounds like the group has sensed something wrong is coming?
    Which part of the tunnel is the "darkest"?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  7. #7
    Join Date
    Dec 2008
    Posts
    2,419

    Default

    Quote Originally Posted by Kelonguni View Post
    Which part of the tunnel is the "darkest"?
    Bet you $1 that some or all of the cooling measures will be repealed in the coming budget announcement. The economy is crashing left and right, and China is going to build Kra Canal.

  8. #8
    Join Date
    May 2008
    Posts
    9,279

    Default

    Quote Originally Posted by richwang View Post
    If u look at the voter list, a few long term bulls have turned bears.
    but normally u would say that there are insufficient voters?

  9. #9
    Join Date
    Oct 2012
    Posts
    1,163

    Default

    I am quite bullish still.

  10. #10
    Join Date
    May 2012
    Posts
    4,035

    Default

    Minimum bet $100 lah.

    The tide is already turning, crashing only o n g sector and maybe more loss for banks. The rest as per normal.

    Quote Originally Posted by stalingrad View Post
    Bet you $1 that some or all of the cooling measures will be repealed in the coming budget announcement. The economy is crashing left and right, and China is going to build Kra Canal.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  11. #11
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 12
    Index: 50 - 33 = 17

    True, the number of votes is too small.

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