Comments on: Expect the Worst Recession in Singapore History and Property Will Crash

By: Property Prices Out of Whack - Salary.sg Forums

Property Prices Out of Whack - Salary.sg Forums — Sun, 12 Jul 2009 02:06:12 +0000

[...] to HDB�s flash estimate released early this month. More than half a year into Singapore�s �worst� recession and after private property prices crashed more than 20%, the resilient HDB prices manage to buck [...]

By: Property Prices Out of Whack | Salary.sg - Your Salary in Singapore

Property Prices Out of Whack | Salary.sg - Your Salary in Singapore — Fri, 10 Jul 2009 17:24:16 +0000

[...] than half a year into Singapore’s “worst” recession and after private property prices crashed more than 20%, the resilient HDB prices manage to buck [...]

By: prime

prime — Mon, 09 Feb 2009 09:53:25 +0000

so far, I think the prime districts 9 10 11 have gone down quite a fair bit. i would target the freehold properties there for long term investment. note also that due to the poor rental market now, you may not collect enough to cover your mortgage installments. invest wisely!

By: Observer

Observer — Mon, 09 Feb 2009 09:52:42 +0000

To sm: the conventional wisdom is that property in the prime areas (i.e., near city) would be popular with expats. Other considerations include amenities and closeness to public transport.

By: sm

sm — Mon, 09 Feb 2009 08:54:55 +0000

anybody can suggest, should the property come down, which area should consider good investment?

By: retrenched

retrenched — Mon, 09 Feb 2009 04:23:49 +0000

No house, no job… and you are talking *… Have a heart man…

By: hotdog

hotdog — Mon, 09 Feb 2009 03:09:10 +0000

evil thought: those who were too bullish and have bought property during the red-hot days, but have just lost their jobs in recent weeks, they’d be doing fire sales, that’s when prices can drop, yummy!

By: Use Discount Coupons if You Want to Be a Millionaire! | Kelly's MyQute Fairy-Angel Lifestreaming Bloggie

Thu, 05 Feb 2009 02:46:30 +0000

[...] Expect the worst Singaporeans – property prices will crash [...]

By: Observer

Observer — Thu, 05 Feb 2009 01:12:18 +0000

Dear Flaw, I’m not sure if that’s a conventional definition…which is the problem of the word “crash”…it is relatively subjective – different people define it differently. Personally, I prefer to use the term “bottoming out”…it’s less extreme and possibly more objective….in any case, your point is taken. Cheers!

By: flaw

flaw — Wed, 04 Feb 2009 15:19:41 +0000

Dear Observer, I go by the conventional definition of “crash”. For example, our stock market has crashed 50-60%. But for property, a 40% drop would suffice for me.