View Full Version : First-Timer Buying Attitude Index - Q1 2015
Assuming you are a first-time buyer for Singapore condominium, is it a good time to buy?
For general Singapore residential buying attitude index, you can visit the thread:
http://forums.condosingapore.com/showthread.php/23208-Buying-Attitude-Index-Q1-2015
...or, simply type in "buying attitude index" in www.google.com.sg,
it is among the top search results. Thanks a lot for voting.
How does it work?
Everyone is entitled for one vote, the index is calculated by:
the percentage of bulls - percentage of bears
(Please vote even if you are neutral because it will change the overall percentage scores).
Historical Data
Time Frame, First Timer Index, General Index
Q1 2014, -16, -34
Q2 2014, +44, -43
Q3 2014, -8, -19
Q4 2014, +17, +12
Q1 2015, ??, +7
It is clear that the First Time Buying Attitude Index is a leading indicator. And also the general Buying Attitude Index has turned to POSITIVE. So your vote will confirm whether the tide has indeed changed - we want to be the early birds: the first group to spot the down trend and the first group to sense the up trend.
Thanks for voting - even when you are neutral, it will affect the overall index.
Number of votes: 8
Index: 88 - 13 = 75
apparently we need more votes.
thanks,
Number of votes: 9
Index: 89 - 11 = +78
This highest I have ever seen, but need more votes to confirm.
Thanks,
Number of votes: 12
Index: 67 - 25 = +42
Number of votes: 12
Index: 67 - 25 = +42
Did this voting forecasted the start of last property bull back in 2009?
Good question. But the index only started in 2014, and because it is subjective index by the voters, we cannot back fill the data.
Number of votes: 19
Index: 58 - 32 = 26
buying attitude will never improve or flamboyant if government does not lift up TDSR and other cooling measures.
TDSR will stay (and should stay).
ABSD will be the first one to go, and first timer buying attitude index gives you a clue of what the market will be if that happens.
Number of votes: 20
Index: 60 - 30 = 30
i would thought that TDSR is still the main killer as compared to ABSD.
Yes, TDSR is the main killer - and it should have been the first killer. (But G. doesn't make money from this rule.) MAS has said it will be a "permanent" rule.
ABSD is temporary. Indeed it will be removed sector by sector. (Good money for the G.)
buying attitude will never improve or flamboyant if government does not lift up TDSR and other cooling measures.
Yeah by the time they lift all CM interest rates will be 2-3% by then. Enjoy the low interest rates while you still can! Those who haven't, quickly leverage to the max!!!
I think days of extra-ordinary low interest will be over. Look at what is the current sibor rate. It is going to break the barrier of 1.0 in the very near future.
My take about the interest rate trending can be found in this post:
http://propertyinvestmentsingapore.sg/blog/sreit-outlook-in-2015/
I think days of extra-ordinary low interest will be over. Look at what is the current sibor rate. It is going to break the barrier of 1.0 in the very near future.
My take about the interest rate trending can be found in this post:
http://propertyinvestmentsingapore.sg/blog/sreit-outlook-in-2015/
What does that to do/relate with AUD dollars? AUD dollars is thumping down.
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