Hi.
All things move in cycles, what goes up eventually comes down and vice versa.
Since you have a roof over your head, wait and see is a good approach.
Measurements from government is to stablize and cool down the market for sustainable growth.
In the near term, my views are slow and cool down till prices stablizes. It also depends on economic and other factors like immigration.
My suggestion is wait 6months to see hows the market respond. If it still continue to climb, then there maybe more measurement released.
Macro and micro views needs to be taken into consideration. To cut short, in my views
a) Economic: Still STrong Asia and SG
Europe and USA still uncertain
b) Immigraiont still comingin at 80k per year subject to government policies.
c) Singapore property market: most are unable to buy pte property if they want to keep their HDB or vice versa.
High end market remains the same, as they have the holding power. Uncless economic crisis kicks that is enogugh to threaten businesses and wealth.
e) One key reasons why Governemtn come up with new measures, is that INTEREST RATE WILL EVENTUALLY RISE.
Property investment is long term appraoch. If you are taking 20-30years loan. One day, interst shot up by 3-4% which is possible, the total price you have to pay have you calculated?
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