Buy if you need a house and could afford installment @ 6-7% interest rate within next 5 years. However, we are currently heading into inflationary period, cost and interest rate will go up. Expect more lelong properties coming up in next 1-2 years - there are currently many buyers who bought in because loan is cheap and no deposits needed. Furthermore, supply far exceeded demand in price range >$500K. Unlike Singapore, with at least 20% foreign workforce on S pass and Employment Pass, rental market here is not very vibrant.

This post has been edited by remora: Feb 3 2023, 08:40 AM