outlook

[agent..]

Last two years or so prices have risen quite a fair bit and incomes have not kept pace. Real estate prices have to return to the norm. Be patient.

[agent..]

Last two years or so prices have risen quite a fair bit and incomes have not kept pace. Real estate prices have to return to the norm. Be patient.

Be patient again, I will make the commission from you 10 to 15 years later..

[Be patient]

The outlook for property remins BLEAK. The slide has begun. It takes months/years to unravel the excesses of 2007. Developers offer incentives to agents, delay launches, offer discounts and all sorts of gimmicks. Be patient. Those who bought too early especially 2007 will experience negative equity. The scene for
global real estate is not encouraging.

[You see]

Condo sales in S'pore hit by bad news from US

By Fiona Chan, Property Reporter

THE bad news coming out of the United States last week took its toll on property sales in Singapore over the weekend.

Two newly released projects sold fewer than 20 units each, as homebuyers' caution deepened after the collapse of US bank IndyMac and the forced rescue of mortgage giants Freddie Mac and Fannie Mae.

CapitaLand's Wharf Residence in Tong Watt Road, which started taking bookings over the weekend, sold just over 10 units, sources said.

The 173-unit condominium off River Valley Road is priced between $1,500 per sq ft (psf) and $1,900 psf. Unit sizes start at about 1,000 sq ft, so a two-bedroom unit costs $1.6 million to $1.7 million.

Meanwhile, Frasers Centrepoint sold about 19 of the 48 units it released at Woodsville 28 near Potong Pasir MRT station.

[agent...]

'Buyers are still waiting to see if prices go down further, and this will continue until the US situation stabilises,' said Mr Ku Swee Yong, director of marketing and business development at property firm Savills Singapore.

'There are definitely buyers with enough money to buy new properties, but they are doing their homework these days.'

Buyers are smart these days. They are patient and waiting for the 2007 excesses to be unwound 

[agent..]

I will make some commission eventually, I am very patient..

[Someone..]

goes around these forum attacking all who tell the truth. .... that property prices are sliding .... Disgusing himself under multiple nicks he attacks those whose views are the poperty is kaputt ...finished. So those who uses the nick "agent.." (you dunno if it is the same person or not). But whatever we all know that 2007 was a bubble and the unwinding has begun. He even likens S'pore to London and New York ... what an imbecile thought.