http://www.smartpropertybuyer.blogspot.com/
i found this to be very useful and helps me clarify the various issues
indeed, the property market looks quite bearish and those with hard cash will be able to get very good deals when prices fall next year and 2010
a lot of newbie and greedy investors got burnt when they bought on DPS in the last two years and will be trying to get out before TOP.
you can see some units in east coast on the cheap now and sisv prices way below agent's advertised prices
but i think government will be supportive though and will take measures to halt the slide if it falls too much since housing is a big issue that will affect public sentiment
so a good time to buy will be when prices drop 30%, not 50%
if casinos cannot make it, there will be more pressure but think govt will die die make sure half a casino better than none
when it comes to property there is no free market as the government will dictate prices by deciding how much landbank to sell or hold
i found this to be very useful and helps me clarify the various issues
indeed, the property market looks quite bearish and those with hard cash will be able to get very good deals when prices fall next year and 2010
a lot of newbie and greedy investors got burnt when they bought on DPS in the last two years and will be trying to get out before TOP.
you can see some units in east coast on the cheap now and sisv prices way below agent's advertised prices
but i think government will be supportive though and will take measures to halt the slide if it falls too much since housing is a big issue that will affect public sentiment
so a good time to buy will be when prices drop 30%, not 50%
if casinos cannot make it, there will be more pressure but think govt will die die make sure half a casino better than none
when it comes to property there is no free market as the government will dictate prices by deciding how much landbank to sell or hold
