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With government reducing ABSD clawback on developers for unsold units and Cuscaden Reserve relaunching at huge discounts, is this a signal that the real estate market in Singapore is coming down finally? Should we wait further before entering the market?
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8 Answers

Hi Those could be signs, however the question is, will the drop be significant enough to wait? Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
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Hi, appreciate your sharing. Base on the above move it is soft landing and stabilizing the market. Given today GST, material, levy, labour cost, material cost and construction cost, what do you think ?
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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It depends on which segment of the market you are heading into. Share more about your plans and we can discuss more. Read More
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My Answer with regards to your Question:

The reduction in Additional Buyer's Stamp Duty (ABSD) clawback on developers and the relaunch of projects like Cuscaden Reserve at discounted prices can indeed be interpreted as signals of adjustments in the real estate market in Singapore. Here are some factors to consider before making a decision:

Market Conditions: While these developments may indicate a softening in the market, it's essential to consider other factors such as economic conditions, housing supply, and demand dynamics. Economic factors like interest rates, employment levels, and global economic trends can also influence the real estate market.

Government Policies: Government policies and interventions, such as cooling measures and incentives, play a significant role in shaping the real estate market. Keep an eye on any announcements or policy changes that could impact housing prices and demand.

Personal Circumstances: Your personal circumstances and financial readiness should also guide your decision. Consider factors such as your long-term housing needs, affordability, and investment objectives before entering the market.

Timing: Timing the market perfectly can be challenging. While waiting for further price corrections might seem prudent, it's essential to balance this with the risk of missing out on opportunities or facing higher prices in the future.

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Hi Sir/Mdm,

Waiting further may not be a good decision. A decade back, prices aren’t as high as now but it is already seemed “expensive” back then. Fast forward to now, prices are regarded as “expensive” again. It is all about Time in the Market, not timing the market.

My team & I have actually done up some statistics for this year’s market sentiments & I would love to share more details with you and I look forward to connecting with you.

Chung,
PropNex Realty Pte Ltd
Award-Winning District
Certified ‘SND Save and Safe’ Consultant - Your trusted asset progression consultant.

Mobile: +6590300391 
Email: chungsze.ng@propnex.com
Website: r064985g.propnex.net
Instagram: @chungszeee Read More
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Robbie Chen Chee Howe
Hi,

Whether to wait or not really depends on your housing needs. Is this purchase for your own stay and that you're paying rent now? Or is this purchase purely for investment purpose?

Also, the unit type you're purchasing is also a factor you need to base your decision on. Do get in touch with me for further assessment and discussion.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More
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Mani Subramanian Veeramani
Hello,

Thanks for your question about the current real estate market trends in Singapore. Here are some key points to consider:

- ABSD Clawback: The reduction of the Additional Buyer’s Stamp Duty (ABSD) clawback for developers can encourage more project launches and potentially lower prices for unsold units.

- Cuscaden Reserve Discounts: Significant discounts at developments like Cuscaden Reserve might indicate a more competitive market, providing opportunities for buyers.

- Market Signals: While these factors suggest a potential softening, it's important to consider the overall market conditions, including supply and demand dynamics, interest rates, and economic outlook.

- Timing the Market: Waiting for prices to drop further can be risky. Real estate markets are influenced by various factors, and timing the market perfectly is challenging.

- Personalized Advice: Each buyer’s situation is unique. Assess your financial readiness, long-term goals, and current market opportunities before making a decision.

For tailored advice and to explore current opportunities, feel free to contact me directly. I can provide insights specific to your situation and help you make an informed decision.

Thank you,

Family realtor solved 1000+ property problems,
- Mani Subramanian Veeramani
Social Media Tags: @AskRealtorMani #AskRealtorMani /AskRealtorMani
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