Without dibs and US cutting QE, China facing credit crunch, I think the potential upside is limited. Rather downside is more likely.

One cannot use Singapore government's dibs halt in 2009 as a scenario because at that time the US started printing money. So hot money was rushing in causing all markets be it property, equity and commodities to shoot. Now better err on side caution. Even in Singapore, property market has slowed down tremendously. I have investor friend owning S$50m property portfolio largely in commercial property. He has stopped buying since 3 months ago. Instead he is selling.

All have their opinion. No one can predict the future. Just don't over stretch oneself coz if downturn hit, don't be caught with your pants down.

This post has been edited by Mlchoo: Jun 25 2013, 06:42 PM