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Thread: Resale Private homes on the rise

  1. #31
    Join Date
    Sep 2010
    Posts
    24

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    This report is biased. No date of report written.

    Isn't it very obvious that a big chunk of private buyer are HDB owners who want to speculate?

    Since this group is no longer allowed to purchase private without selling off their HDB, it takes away a big chunk of category of buyers.

    That leads to reduction in prices since no other category will replace their demand.

    Anyway the report is naughty without giving any statistics or evidence.

    Best that can be said is that its an opinion piece. Just mentioned 'price going up'. Its doing a disservice to the readers.

  2. #32
    Join Date
    Dec 2009
    Posts
    6,003

    Default

    Quote Originally Posted by devilplate
    fyi: 2008 interest rates keep dropping.....

    developers only start to cut prices in 2009 after lehman burst while interest rates at record low.....(wharf residences also cut price....big developer)

    not so simple my fren.....
    I actually found some properties sold at discount around end 2008, but didn't buy else could have made some bucks. I missed the boat then Maybe the boat is back again with these new property measures and another 1 million+ FT coming after the election.

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