Property is on the up again

[Agent007]

"check out the recent transacted figures for the sail"

I did.

Nothing unusual???

[Agent777]

"check out the recent transacted figures for the sail"

I did.

Nothing unusual???

Nothing to suggest that there is a dip or a recesion.  All in all, it looks quite good from what I see.

[Agent99]

it looks good but smells like the toilet drain is connected to the shower drain.

[Thanks99]

It could be worse. The shower rose could be connected to the sewer pipe.

[agent 777]

• Anger
  Denial
  Acceptance

I guess you are a bit angry just now.  It will sink in eventually.

[Singapore Living]

Nothing to suggest that there is a dip or a recession.  All in all, it looks quite good from what I see.

I won't be so sure if I were you. From propertyguru website, the Sail has 1111 total units, yet there are 500+ units listed for sale and 600+ units listed for rent. Granted they may be double or triple posted, but the real number of units are still significant.

My guess is that the actual transactions are by the ultra-rich people looking to park their money and not real investors looking for returns. The risk of buying a unit and not being able to rent out is too high for normal investor.