Salary.sg Forums - View Single Post - On Margin Call for Property
View Single Post
  #54 (permalink)  
Old 12-11-2011, 10:25 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by hedgie View Post
(iii) given that timing is critical, now is not an optimal time based on all the fundamental indicators i.e. why buy in 1996 when you have the option to buy in 2002?
Fundamental analysis is more an art than a science and hindsight is always perfect. The fear that today could be a repeat of 1996 which saw a drop of 30% in 5 years will always be countered by the fear that today could be a repeat of 1990 (HDB resale price index rose from 33.6 in Q1 1990 to 136.3 in Q4 1996, that's 400%).

Will HDB resale price quadruple again in 5 years? If you had asked anyone in 1990, most would have said that you were crazy, what with Saddam wrecking havoc on world economy.

I will not rule out that applicants rushing to buy DBSS flats include young professionals whose full-time work involves some sort of fundamental analysis. Why are they so kan cheong?

Business Times November 12, 2011 - More than 40% of Belvia units sold in first phase

CEL Development CEO Chia Lee Meng said that the larger four- and five-room units on the higher floors were the best sellers.
Reply With Quote