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Dear Property Professional, given that prices hv risen significantly in the past 2 yrs,
1. what is the main likelihood of prices trend in the 2nd half of 2011? Does the forthcoming election contribute to likelihood of softening of prices?

2.If I purchase a ppty now and can hold on to it for 10yrs, will the upside be limited (gvn that ppty prices hv risen so much aldry?)

3.Pls reply directly online, do not request me to email to you for a reply.
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3 Answers

Hi Evelyn,

My views in the current market conditions and sentiments is that many buyers adopt a wait and see attitude towards buying private property especially for small time investors as they want to capture the right timing to purchase. How many times in history has prices of property dipped? As long as the direction of Singapore isto grow the population numbers, demand for housing will definitely be more than the supply is able to cope with espeically on the tightening of eligible buyers for HDB units. In this sense, what does it tell you about the market price for properties? Of course, no one can give assurance but no gurantee of any blips in the economy :p

Regards,
Geryl LIM
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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As you have read in the papers by now, Singapore private property market is strong and prices are rising. Singapore economy is strong. Prices will continue to rise moving forward in 2011 barring any fundamental changes. If u plan to hold for 10 years, there will definetely be good upside in land-scarce Singapore, especially if it's freehold and with upcoming developments nearby such as MRT. I have one such property for sale at Bukit Timah prime area, and the price is very affordable at only $1.09mil negotiable as it is a small unit. Let me know if u r keen to invest. Read More
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Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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