Asked by kk
will property price will drop upto 30% in another 3 yrs...is it true?
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3 Answers
Anyone who can promise the prices in 3 years time will be telling you a lie. www.catherinepang.com
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Hi KK,
Actually anything is possible, just a matter of chance. I like to get my finding from data. the following is from offical site of Monetary Authority of Singapore:
Monthly Money supply in 2000 is 170,897.8M;
Monthly Money supply in 2010 is 403,078.2M;
Monthly Money supply in 2011 August is 431,253.4M;
Money supply keeps increases month by month. if the house price drops 30%, where will all these singapore dollars go?
If you like to discuss more, pls drop a mail to robertpeng001@gmail.com. If you like my answer, pls give me a thumb up. :P
Robert Peng: 9800 1968
Robertpeng001@gmail.com
CEA: R042525J Read More
Actually anything is possible, just a matter of chance. I like to get my finding from data. the following is from offical site of Monetary Authority of Singapore:
Monthly Money supply in 2000 is 170,897.8M;
Monthly Money supply in 2010 is 403,078.2M;
Monthly Money supply in 2011 August is 431,253.4M;
Money supply keeps increases month by month. if the house price drops 30%, where will all these singapore dollars go?
If you like to discuss more, pls drop a mail to robertpeng001@gmail.com. If you like my answer, pls give me a thumb up. :P
Robert Peng: 9800 1968
Robertpeng001@gmail.com
CEA: R042525J Read More
1
Hi,
Since i am so late to answer this..
My take - No, i dont think so.
2 cents worth.
:)
Cheers.
Ken Tan
Huttons Asia Ltd
MORE enquiries?
Check me out at my website ==> www.96461490.com
give me a call at 96461490
or drop me an email: ken_tankw@yahoo.com.sg Read More
Since i am so late to answer this..
My take - No, i dont think so.
2 cents worth.
:)
Cheers.
Ken Tan
Huttons Asia Ltd
MORE enquiries?
Check me out at my website ==> www.96461490.com
give me a call at 96461490
or drop me an email: ken_tankw@yahoo.com.sg Read More