Asked by kk
will property price will drop upto 30% in another 3 yrs...is it true?
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5 Answers
Anyone who can promise the prices in 3 years time will be telling you a lie. www.catherinepang.com
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Hi KK,
Actually anything is possible, just a matter of chance. I like to get my finding from data. the following is from offical site of Monetary Authority of Singapore:
Monthly Money supply in 2000 is 170,897.8M;
Monthly Money supply in 2010 is 403,078.2M;
Monthly Money supply in 2011 August is 431,253.4M;
Money supply keeps increases month by month. if the house price drops 30%, where will all these singapore dollars go?
If you like to discuss more, pls drop a mail to robertpeng001@gmail.com. If you like my answer, pls give me a thumb up. :P
Robert Peng: 9800 1968
Robertpeng001@gmail.com
CEA: R042525J Read More
Actually anything is possible, just a matter of chance. I like to get my finding from data. the following is from offical site of Monetary Authority of Singapore:
Monthly Money supply in 2000 is 170,897.8M;
Monthly Money supply in 2010 is 403,078.2M;
Monthly Money supply in 2011 August is 431,253.4M;
Money supply keeps increases month by month. if the house price drops 30%, where will all these singapore dollars go?
If you like to discuss more, pls drop a mail to robertpeng001@gmail.com. If you like my answer, pls give me a thumb up. :P
Robert Peng: 9800 1968
Robertpeng001@gmail.com
CEA: R042525J Read More
1
Hello KK,
I believe you have read the ST on sunday which quotes Std Chart's bank analysts predicting a drop of 30%. That is their prediction done through their analysis.
Just so you know, a few months back, Citibank and Credit Suisse bank released a similar report saying that there is enough demand to absorb the supply and prices might go up instead! I still have the reports. I can email you if you want but it is about 100pages long, some heavy reading is required.
So who is right? I do not know. The key is who has the holding power. If you are buying to invest or stay and can finance the monthly mortgage, then no one can force you to dump your property at lower prices.
Just my humble opinion.
Best Regards
Dalen Chee
email : dalen550@gmail.com
my web : www.96952550.com Read More
I believe you have read the ST on sunday which quotes Std Chart's bank analysts predicting a drop of 30%. That is their prediction done through their analysis.
Just so you know, a few months back, Citibank and Credit Suisse bank released a similar report saying that there is enough demand to absorb the supply and prices might go up instead! I still have the reports. I can email you if you want but it is about 100pages long, some heavy reading is required.
So who is right? I do not know. The key is who has the holding power. If you are buying to invest or stay and can finance the monthly mortgage, then no one can force you to dump your property at lower prices.
Just my humble opinion.
Best Regards
Dalen Chee
email : dalen550@gmail.com
my web : www.96952550.com Read More
Hi,
Since i am so late to answer this..
My take - No, i dont think so.
2 cents worth.
:)
Cheers.
Ken Tan
Huttons Asia Ltd
MORE enquiries?
Check me out at my website ==> www.96461490.com
give me a call at 96461490
or drop me an email: ken_tankw@yahoo.com.sg Read More
Since i am so late to answer this..
My take - No, i dont think so.
2 cents worth.
:)
Cheers.
Ken Tan
Huttons Asia Ltd
MORE enquiries?
Check me out at my website ==> www.96461490.com
give me a call at 96461490
or drop me an email: ken_tankw@yahoo.com.sg Read More
Hi,
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Bless n Warm Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Bless n Warm Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
1