The Sail

[Worry]

Seeing what is happening in the financial markets, this is the worst case scenario that all the policy holders are trying to avoid. There is more to come.

If SG property does not crash then I will be very worried about the fundamentals of this unique city.

[chaos theory]

Dont worry, Singapore property is and has corrected/crashed by 20% already. It will go down a long way yet.

[Worry]

Dont worry, Singapore property is and has corrected/crashed by 20% already. It will go down a long way yet.

That is such a relief to hear. I can sleep easy now.

[Vice versa]

the reason prices are steady for NOW is they are NO buyers ie demand and the prices has alraedy fallen by 20% and the market is absorbing residual demand.

The delaying of launches and developers not reducing prices is just adding fuel to a massive bon fire of inventory.

The ddlay of launches can only mean reduced supply down the road while the pent up demand is building up again. When the econommy turns around, it will be all hell break loose.

[no vice versa]

Look at sales, there is no pent up demand. Don't need developers to release anyway, there are sufficient in the secondary market. Sorry mate, you are dreaming.

[free lunch]

small developers have to continue build and launch as they cannot afford to wait till the market improves. they have to pay bank loans, salaries, costs, building materials, contracts, etc.

[Limited impact]

small developers have to continue build and launch as they cannot afford to wait till the market improves. they have to pay bank loans, salaries, costs, building materials, contracts, etc.

Small developers will build small developments. Limited impact if they really cannot afford to hold.

[Huh??]

the reason prices are steady for NOW is they are NO buyers ie demand and the prices has alraedy fallen by 20% and the market is absorbing residual demand.

The delaying of launches and developers not reducing prices is just adding fuel to a massive bon fire of inventory.

The ddlay of launches can only mean reduced supply down the road while the pent up demand is building up again. When the econommy turns around, it will be all hell break loose.

Pent up demand! Do you read the papers?!

[Pent Up Demand]

the reason prices are steady for NOW is they are NO buyers ie demand and the prices has alraedy fallen by 20% and the market is absorbing residual demand.

The delaying of launches and developers not reducing prices is just adding fuel to a massive bon fire of inventory.

The ddlay of launches can only mean reduced supply down the road while the pent up demand is building up again. When the econommy turns around, it will be all hell break loose.

Pent up demand! Do you read the papers?!

He meant the pent up demand to sell. If the economy takes a turn for the worst, all hell will break loose.