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Hi there,
The see and look approach could either- work or falter.
If the market continues in decline, then it's fine.
If the cooling measures are reviewed as The minister mentioned sometime back that there will be consideration to lift some measures, then prices will rebound. Refer to the article on MONEY,14 feb.

There are many star buys out there, with discounts as high as 15% for some developments. You're already buying at a price lower than residence of the same project who bought it earlier.

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, for me to very comprehensively chart out your financial calculations flow and for us to explore the available options and alternative.

Rest assured, I will walk you through the entire process- assisting you all the way from finding the perfect property to negotiating for the best price to post deal paperwork, to establishing financial calculations and ascertaining risks. Furthermore, since you are not liable to pay any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

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Hi Ray,

The approach to take is very dependant on whether you are intending to hold long or medium term for this purchase from an investment perspective. With longer term planning, perhaps entering the market now maybe a viable option since loan interest rate are still low and not expected to spike sharply. You may capitalise on these aspect to enter the market than later. As Singapore continues its fast pace development and the anticipated population growth, the long term prospect of property appreciation is still healthy on top of the prospective rental. If you are looking for the short to medium term gain, perhaps you should consider putting the money elsewhere as we do not expect that price will appreciate to give you handsome returns upon selling within the 5-8 years time frame, but as what my fellow professionals have indicated, we are unable to forecast accurately how the market will react otherwise we would have gained from this foresight.

Last but not least, let's perhaps wait for what our DPM and Finance Minister has to offer for the upcoming budget before making any move. Who knows there maybe adjustment of cooling measures which may send the market soaring or diving?

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Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
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Mobile: +65-81577565  /+65-92787772
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