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Recently, governoment has launched lots BOT of HDB flat and believe it should be a clear sign that governoment is taking action to cooldown the property market as a result of faster growing in year 2009. In view of this, what about the private property market will act, will it be dropped in the near future, and what will be the right time to step in the market?

Can someone advise and analyse it. Thks alot.

Posted by Dennis Yang on Jan 9, 2010 in Property Market | 1756 Views

Latest Answers by Real Estate Professionals (2 Answers)

Jeffry Pang
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Answer Posted on Jan 10, 2010
Hi
If you study the stock market the bull market does not become a bear market just because of extra supply.You need more than that to turn the market around . I suggest you just follow the trend .Don't ever go against the market .If the market is going up the longer you wait the higher it will go.

Regards
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Andy Lim
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Answer Posted on Jan 9, 2010
simple question to ask.what kind of prices are the Bot being market?average market rate? Gov released more lands for sale to private developers to cool down the market.at what price? lowest or highest bidder? :)
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