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  #825 (permalink)  
Old 23-10-2014, 11:16 AM
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Originally Posted by Unregistered View Post
We have been waiting on the side line for the property price to drop further, but the down trend is slight and not consistent. We have our eyes on a newly completed condo near an MRT. The price of the unit size we want is still way higher than the launch price 4 years ago, although it has stopped going up since the TDSR.

With the gahmen saying that they will now cut down on land sale, we are not sure whether we should wait any longer. Even the HDB BTO supply will be reduced. It is clear the gahmen don't want the prices to drop too much.

So to buy or not to buy?
If it is to stay, then it doesn't make a difference.

Look at affordability instead. If you can afford it (now and also the future mortgage payments), then go ahead!
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