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
Q1, 2017, 14, +21
(The max of the index is 100, the minimum of the index is -100)
The government policy direction is very clear: not cooling any more. The Analysts' views are very clear: Morgan Stanley says property price to double by 2030. Marc Faber (aka Dr. Doom) also says Singapore property is reaching its bottom (in particular for high end, and he made a call to buy Wing Tai stock).
Now as buyers, are we afraid of the inevitable coming financial crisis and even wars?
Your vote will give us a hint.
Thanks,
Richard