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Topic Review (Newest First)
22-11-2012 10:26 AM
RealShooter
Quote:
Originally Posted by Unregistered View Post
A layman's observations.

Arguments for a bullish property market
1) Singapore is tiny, no where to expand
2) High liquidity, due to ultra low interest rates. Likely to remain low as long as Fed keeps interest rates low (Fed pledged to keep it low until 2013)
3) Strong Singapore Dollar vs weakening USD, GBP, Euro. Rich foreign investors, may park their money in Singapore assets e.g. property. Appreciation of SGD assets vs their home currencies defends their wealth. Moreover SG property has +carry.
4) Immigration. The government is likely to continue the FT policy, or at most, moderate it a bit to appease unhappy Singaporeans. Population to continue increasing.
5) SG has a relatively stable government. Safety may be attractive to investors


Arguments for a bearish property market
1) Large bubble in recent years. Property prices increased 30% in two years, this is madness. Historically, when the market goes parabolic, its time for a correction.
2) Overpriced properties relative to income. People taking on too much debt. Unsustainable situation. Already discussed by other forumers.
3) Stock market correction and volatility. Property market lags stock market by 3-6 months. Should the stock market continue to fall, this will affect the property market. Fall in property values, will result in margin call and forced selling, driving down property prices
4) Increased supply of private properties and HDB in upcoming years 2013-2015.
5) Risk of recession. Singapore will certainly be affected by worldwide recession, if and when it occurs. FTs will return to their home countries (population drop, decreased rental yield, less renters), people will lose jobs and their ability to service housing loans + margin call will decrease property prices (forced sell).

Personally, I'm bearish. Its only a matter of When it will occur.
Best answer i have come across, makes it easy for ppl to understand from both side.Thanx.
23-06-2012 07:00 PM
Hermit I am not a property guru but I can see that sellers are trying harder to sell now. Factory prices might come down once the cracking down on non-industrial use gets going. Will be interesting to see what kind of prices the end of the year brings.
11-06-2012 09:29 AM
Unregistered http://www.propertylaunch.org/PropertyNews.php

Prices are starting to cool down after very strong growth in the first Quarter.
10-06-2012 08:04 PM
Unregistered propvest,

Please go ahead and buy residential.
Especially the $4-6mil band (luxury and prime).

They are the most undervalued in Singapore right now.

Now cannot buy the Mass market and mid-market one.
28-05-2012 05:44 PM
Unregistered If it crashes, it crashes. No amount of analysis will prevent it. Post crash, a lot of 20/20 hindsight analyses will tell you "see... I told you so".

On the other hand, if it doesn't crash, it just doesn't crash!
28-05-2012 03:23 PM
jason78
Property market wont crash

Quite unlikely that the property market will crash. I think by introducing stamp duty instead of increasing interest rates, the demand for multiple properties may be reduced gradually but demand will always be high due to high rental yields and population increase. Developers for newly launched properties are all willing to give discount to offset the additional stamp duty. There's still money to be made as interest rates remain low. Cooling off the demand gradually will lead to steady and more gradual price increase which is a safer way to manage rather than changing interest rates which is risky business as it affects existing house owners who are subjected to new interest rates for their mortgages.





www.propertylaunch.org
23-05-2012 10:57 AM
Unregistered Go regional! Go invest in KLCC, Siam, Kowloon etc.
23-05-2012 10:20 AM
lizzy0302 I don't think so. But on other hand, some properties are also going down.
Anyways, thanks for showing us a graph. This helps me understand more.
17-05-2012 01:21 PM
propvest
Quote:
Originally Posted by Wiseman1 View Post
Are you mad??I would strongly advise you against over-spending on property...Singaporeans out there have all gone bonkers over bricks and motars, there are no winners in this silly game apart from the greedy developers and agents.........a country where almost everyone is so highly leveraged and borrowing to the hilt to finance the purchase of ridiculously and highly priced properties cannot be moving in the correct direction...just look at the pathetic housing markets in US and Europe in the aftermath of the property market party....we will get there very soon....it is a question of when, not if
thanks Mr Wiseman1. : )

another other suggestions then? i am not highly leveraged. i do not depend on collecting rental to pay my instalments. i am sitting on cash.
16-05-2012 11:15 PM
Unregistered
Quote:
Originally Posted by Wiseman1 View Post
Are you mad??I would strongly advise you against over-spending on property...Singaporeans out there have all gone bonkers over bricks and motars, there are no winners in this silly game apart from the greedy developers and agents.........a country where almost everyone is so highly leveraged and borrowing to the hilt to finance the purchase of ridiculously and highly priced properties cannot be moving in the correct direction...just look at the pathetic housing markets in US and Europe in the aftermath of the property market party....we will get there very soon....it is a question of when, not if
What's your estimate of the "when"?
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