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As of today's situation, with market full of news of retrenchment, how much will impact will it cause to the property prices?

I still see that many owner are still calling for rather high prices than bank valuation for those near TOP or recently TOP projects, does that reflect something about our market?

Property professional, please give your opinion.
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1 Answer

J.A. Goh 吴永益
Replied
Hi Melvin,

Yes, you are right. But generally seller always want to sell high, and buyer always want to buy low. At this current situation, it will depend on who has the holding power. At a certain point in time, those serious seller who wants or must sell will eventually lower their expectation.

So if you are a buyer, and if you very keen on one property. Stay firm with your what you wants to pay, but be reasonable to market prices as well. Once the seller cannot hold, they will let go.

Please feel free to drop me an email or call me directly for further discussion.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg

call me directly for further discussion.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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