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...But these happy visions haven't quite materialised... ...
http://business.asiaone.com/news/property-agents-worst-nightmare
There is also the impending US rate increase.
Unlikely US will increase interest rate this year:
Think about the boats missed while waiting for US to hike rates these 1-2 yrs
Orchard Gateway in prime location, but no shoppers
PUBLISHED ON MAY 18
http://www.straitstimes.com/news/si...d-gateway-prime-location-no-shoppers-20150518
Unlikely US will increase interest rate this year:
More data point to weakening U.S. economy
http://www.forbes.com/sites/bobmcteer/2015/05/16/our-weakening-economy-is-getting-harder-to-ignor/
Property developers may incur up to S$90 million in extension charges for unsold units in their condo projects from April to December 2015, followed by S$238 million in 2016 if the health of Singapore's real estate market does not improve.
http://business.asiaone.com/property/news/developers-face-hefty-extension-charges-over-unsold-units
I searched propertyguru, $1300+ can get freehold and better area than kovan.
Sinkies sibeh got money, no wonder pap and jb want to chop.
More than 9,000 new flats launched in largest HDB exercise
http://business.asiaone.com/property/news/more-9000-new-flats-launched-largest-hdb-exercise
Not sure whether this is a normal phenomenon, or something more ominous.