Originally Posted by
apple3
Actually my views is it will stay in this manner for a while. But no "unchange" vote in the poll...
And putting aside all indexs, bond, forex, etc, going straight to the feel on property, my humble point is; while it could be difficult to fall to 2005 slump price, it is also quite an uphill task to see 2007 peak. You may think this is as good as not saying but then if you look at this in this manner, then why the hurry to grab a property? Especially those yet to TOP, also cannot stay or rent if you buy now.
Good scenerio don't need to say so for bad scenerio;
Buy and it go down you suay, cause already incur upfront capital outlay. Have to wait..
Dont buy and it go up, capital unexpended still not recognise as debt or expenditure yet, so well, a bit unlucky but can still fight another day another place.
The following is just pure my own opinion/manner on property and a bit out of topic.
Maybe I look at property solely on dollar and cent fundamental. I look at it as a house not a home, a business tool and not an office. Give me any condo, office or light factory so long it cheap and within my reach I buy. Too much uncertainies/discrepancies hovering around how good amenties/location should warrant a rental but if you could rent cheap, ppl will come.
And for Location? Buy shenton can also lost $. Amenities? Higher premium = higher outlay. Tenure? Can kill you 2 ways for both LH/FH. Home? Prerequisitie is to get a house 1st, never trust a house could be your ultimate home untill one dwell in. Even so, things change.
I only trust timing. But then thats me. Anyone who can afford comfortably for his/her fancy, I would said just go ahead since you live only once and don't bother so much about the movement of property.
But for those can or must wait, I mean.. whats the hurry?