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Hi,

It's really difficult to give a definite answer for this. Some analysts initially said up to 30% (after ABSD was announced) but recently it seems "maybe" 5-10% would be a more reasonable figure, and of course there are others who are still unsure even whether there will be a decline or just stagnate.

Very much depends on the global economy and liquidity (& income) in the Singapore property market. We can only say that "on the ground", things do seem to have slowed down, compared to last year.

Multiple factors could be at play - economy, policy, mortgage rates, demographics, etc.

If we just focus on supply component, things aren't looking so bright as there's really quite a bit of supply (both to be completed and uncompleted) coming along. Will demand be able absorb? Your call is really as good as any of the salespersons / analysts.

Best regards,
Inter-State Realty
Integrity - Service - Results Read More

Hi,

Although there are so many speculations around that prices are coming down etc, the hard truth currently is that it hasn't. In fact, there are some analysts sayiong that the prices of properties will still go up...why? Well, imagine our government's projection of population come 10 years time is 6.5millions and currently only 5.3 millions. Where will the 1.3 millions 'Extra' people stay?

God bless

LB TOH
District Director
ECG Property Pte Ltd
CEA Reg. R014840J
Mobile: +65 97989633 
Email: LAIBENG.TOH@gmail.com
Website: www.LBTOH.myweb.sg Read More