Asked by
Gurus, according to Mr Gupta, stress tests carried out by DBS showed that it can easily withstand a 30 per cent reduction in Singapore home prices? It seems current home price still has much more to drop? Should I buy now at peak price?
0
665 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

The last thing to do in buying a home for your family is to time the market as many of my buyers were simply priced out of the market with the various measures introduced especially on the TDSR affecting the loan quantum which have placed plenty of buyers out of the market due to the tighter loan requirements. There are also intangible values we look for when purchasing a home which you look for convenience in terms of location as well as comfort of family which cannot be measured by money. Furthermore, if you do not have plans to sell in the near future, perhaps purchasing a right home will be a better choice. Need a professional hand in sourcing the right unit for you? Give me a call. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE on 8/9 February for the launch of Wak Hassan Brand New Semi Detached For Sale? 8 units available for sale at an attractive price. Showflat ready for viewing. Register your interest today! The next edition of Landed Homes Sales Exhibition is back this February. Bookmark your calendar for 22nd or 23rd of February! We will be showcasing more than 150 units of landed homes for sale in a single location. Various star buy units for sale! Register your interest today! Read More
0
Evening, Even Warren Buffett is unable to work out the market accurately when external forces are being introduced. With Singapore context, external forces like ABSD, TDSR and MSR have affected the market trend. By timing your purchase at this kind of time doesn't make things any easier. Buy within your ability and move along with the market trend. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions