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If you like to know why I say it is very unlikely please email me bobby88@gmail.com or call me 93803808  Bobby Bok. Thank you Read More
1
I see my fellow professionals Keith and Darren have covered most points.

I agree the property market is not like the equities, forex or futures markets. Even those, should there be such a correction, you will see people coming in to buy up the cheap offerings.

The same goes in property, yes there is the occasional fire sale by owners, but equally fast these units are snapped up.

Good examples are discounts given by Capitaland for D'Leedon at Farrer Road, of which my agency ERA is representing the developer for sales there. With some discounts, D'Leedon became the number one top selling condo in the month of Feb and March 2013. The same goes for Interlace, its nearly TOP, and with the discount, many units were snapped up.

These are specific examples, not just some theory.

Hope that helps. Read More
0
  • NS
    Many Thanks for your reply.
    I found a link which Singapore minister hinted something:-
    http://www.youtube.com/watch?v=ShGdgykCDiI

    My question is wlays why we have agents in Singapore which do not reflect real picture.
    20 percent of the property Bubble in Singapore is caused by agents here. And this is arguable as most of the countries operate this way but how long....
    Bubble will urst.
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