AskGuru Q&A Community

Hi,

Have observed you may have made several posts on the same enquiry. In my humble opinion, nobody can predict the future but based on recent trends, I would say the HDB resale market has more or less stabilized from its 2013 peak (about 10% lower). Subsequent quarters, in the absence of any policy reviews or external event, will most likely eke out 0.5 to 1% difference, which if you look at it amounts to maybe another 5% for 1 year, but as you noted, some mature regions prices will still hold up. But at least now you are looking at realistic/reasonable COVs (if any in the 1st place). It is much lower from the highs 2 years ago. This is assuming all things stay constant.

Question is can your plans wait? Buyers are coming back into the market as evident from the increasing transactional volume.

Thanks and hope to understand your requirements further and value-add to your plans.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi, yes definitely. The last 2 years has seen lots of units selling below valuation and it is evident that the market is weakening. As no one could time the market perfectly and so you would not know when would the market starts to pick up again.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi there,

In all honesty, I do agree that the HDB prices have been sliding however, are rather on the stabilized side as of yet. This is attributed to the buyers who have waited for prices to drop further than expectations ; and when that didn't concur, the sales volumes went up in response to their anticipatory actions.

It's a weak market and I believe there isn't a better time to enter and leverage. The question is - HOW to exploit to get the best possible price. Amidst this buyer's market, it may very well be apt to have yourself walked by step by step by a professional to ensure that you are not shortchanged in view of your unfamiliarity and ensure your welfare is maximized.

Perhaps we could speak further to discuss more comprehensively the crux of your requirements and preferences. Following our discussion, I will be in a better position to conduct an accurate financial projection and breakdown of cash flow for your purchase to narrow down & explore the possible options accordingly at no obligation.

I will guide you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 Feb/ April/May ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More