QUOTE(bearbearwong @ Oct 19 2014, 11:00 AM)
but this is what the reality is out there... if ppl are holding back purchase till next year, well and good, investors hold longer still sell and profit, fear was the prices are all over their ability, and they are ignoring these price range 400k to 800k, and most 500k above high rise and landed.
next year will be a clear picture of the property market consumption, new launch may still break the record, the subsales will how? 3 more months to go, it is eihter high price for ppl to buy before GST or could be lower before GST, looks like now since transaction is so low (agents can confirm the best), buyers rae not interested on the current price, thus demand (not mere wish to buy) do not support.
bank are not playing along with you guys, they reject manyak loans, dunno what they are doing...
This all your own assumption of market only, i apply for loan recently all approved, some more offer lower that normal rate, if people earn 5.5K still dare to apply 729K property sure rejected lah...lolnext year will be a clear picture of the property market consumption, new launch may still break the record, the subsales will how? 3 more months to go, it is eihter high price for ppl to buy before GST or could be lower before GST, looks like now since transaction is so low (agents can confirm the best), buyers rae not interested on the current price, thus demand (not mere wish to buy) do not support.
bank are not playing along with you guys, they reject manyak loans, dunno what they are doing...
Try call those hot property & see you can easily grab one or not ?
Don't dream lah ! Once GST kick in everything also up you think owner gong2 meh sure they will take golden opportunity as Developer expected to further hike new launching price, secondary will follow suite, for hot area even higher hike.
Go see the OUG Parklane buyer base on race, 95% are Chinese, that why i told you ignore those statistics base what you call Malai average income, average salary increase, go take urban Chinese high income group & see.
I know one fellow who is quite a rich professional, he don't sapu expensive properties though he can afford easily few millions high end properties, instead he target below 500 tokens unit & he sapu in bulk, he will sapu 5-6 units at one go, he told me these price range very easy to let go as have more buyer compare to holding million riggit unit, he told me he earn more from flipping property than his job..lol
Now you see or not those who buy 300 tokens unit doesn't mean their income is that category, they could be some sibeh strong financial fellow who bulk purchase & keep it to flip, they can flip some & keep some, increase price each unit as they like, they don't care if it is vacant or not.
You go check which property sell lower than 2014 price ? You end up as loser for sure.
Oct 19 2014, 11:32 AM

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