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Evening,

Since the release of cooling measures, there are fewer buyers in the market as they are unable to fulfill the requirement on TDSR and pay the ABSD or prepare the cash component. With that, the market incline towards the buyer's favor. However, with the today's data, the number of transaction have being reduced. If such trend carries on, there might be a good pool of buyers that's a lack of sellers. This is how the balance of the market works. Hence I would not say that this is the best or worst time to enter the market since nobody can catch it at the lowest or highest end. Understand your needs and buy according to your financial ability.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

The market sentiment appears to be a 5-8% correction for the year 2014, and the statistics seem to be pointing that way with 1-2% price drop of the HDB resale index for every quarter. I guess the more relevant question to ask is what is more important to the individual's plans, for example, am I compromising my children's chances of a good primary school education by waiting longer? It is difficult to time the market, maybe a useful way is to work out your finances first, and if an ideal unit comes along that works out to 5-10% lower than your expectations, you should give it a strong consideration. Will be glad to discuss more, thanks!

Warm regards,
Ivan Ng ERA
 97432395 
Ivanng10@gmail.com Read More

Hi , well there is no right or wrong in terms of purchase/ Sales of properties. Basically it depends most is your needs and affordability since properties are illiquid isnt it?

Especially in this down turn market, everything has already fall this much . You may want to ask yourself this question, how much more do you think the market will fall before you make that final decision!

Feel free to call me Veronica Lim DTZ for free consultation!

Yours sincerely

Veronica Lim
DTZ Property Network Pte Ltd
 94550898 
www.veronicahomes.com Read More