Arcachon
05-05-17, 18:09
Sam Gian
I believe the Singapore Property Market is on a certain & gradual recovery path, after 4 years' of the cyclical decline.
https://fb-s-c-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18222122_10154490624447014_3502269434381903366_n.jpg?oh=0b74b76003153a9439b2eb4ae1485c2d&oe=59792396&__gda__=1505028168_9edaa2879b1741e98f7ead21e2fb2300
First of all, Singapore's GDP growth is never better this time round.https://fb-s-a-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18199296_10154490624462014_4723657219182571077_n.jpg?oh=3a079e4ccff1e40a87d9977500548e8a&oe=59885CEF&__gda__=1501188913_ab1c92957d43a5c859d4cc104de2bbbc
Factories are back in production. But, be careful of the picture in the news report. It was a file picture in 2013. Actually, more factories are using Robots.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18222377_10154490624467014_632756182972143190_n.jpg?oh=5b7793dd986f744de62947ac7876017b&oe=59839924
Second piece of evidence - supply of new private homes is coming down.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18301330_10154490624512014_3783719594886789016_n.jpg?oh=fc8d000b6cfd7c5b7ad685d8b6f8b269&oe=59B87DFC
This means that prices will eventually stabilised - and then rebound!https://fb-s-b-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18274766_10154490624542014_4491993259170582765_n.jpg?oh=6e8211eebf1f990f82b9ddc67f5d8a50&oe=5982CE01&__gda__=1501423839_634f6dad19b860b869db77bd7eb927a0
Third Evidence - sale of private homes has rebounded in all market sectors, including new home, resale etc.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18221868_10154490624582014_6979055239801334773_n.jpg?oh=0dc004c76ed056d4d62f28622ae27f8c&oe=597A0B12
Fourth evidence - there was no decline in the number of Employment Passes issued by MOM.https://fb-s-b-a.akamaihd.net/h-ak-xpf1/v/t1.0-9/18221717_10154490624617014_4977709356832996374_n.jpg?oh=3eb27d2a992c2f1cc9ad718671dbdbdb&oe=59B46314&__gda__=1505170309_20dff0cc41bbf3db3d6a6845d8089d92
EP holders form the support base for private home leasing. Typical EP holders rent 2-bedroom or 3-bedroom apartments.https://fb-s-b-a.akamaihd.net/h-ak-xlp1/v/t1.0-9/18199221_10154490624667014_675703210139128459_n.jpg?oh=cf6124c72bd2821123781a8f19c78602&oe=597BEBA0&__gda__=1501712034_6755f56367391d4d620a630f3d4218ab
Who say rental market is bad? Look at the rental transactions over the past few January - from Jan 2012 to Jan 2017.https://fb-s-c-a.akamaihd.net/h-ak-xfa1/v/t1.0-9/18275027_10154490624732014_3184464747644890774_n.jpg?oh=a2da4b6002b90a2e9d4900636c2042ea&oe=59785E58&__gda__=1501291355_656ac53eeb9bc19816b5373e3ea35e4b
Weak demand for 'Shoebox apartments' has nothing to do with the state of the economy - it is a 'product' issue.https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18199388_10154490624772014_3689098290724314779_n.jpg?oh=c87f581e42b3fb7d4c50723b3ca043aa&oe=59B4DD5E
'Regular sized' apartments are still doing fine. So, choose your listings.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18222051_10154490624822014_3482489017385314956_n.jpg?oh=5a80a5d0429415c7727df73782730450&oe=59BB82CE
I believe the Singapore Property Market is on a certain & gradual recovery path, after 4 years' of the cyclical decline.
https://fb-s-c-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18222122_10154490624447014_3502269434381903366_n.jpg?oh=0b74b76003153a9439b2eb4ae1485c2d&oe=59792396&__gda__=1505028168_9edaa2879b1741e98f7ead21e2fb2300
First of all, Singapore's GDP growth is never better this time round.https://fb-s-a-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18199296_10154490624462014_4723657219182571077_n.jpg?oh=3a079e4ccff1e40a87d9977500548e8a&oe=59885CEF&__gda__=1501188913_ab1c92957d43a5c859d4cc104de2bbbc
Factories are back in production. But, be careful of the picture in the news report. It was a file picture in 2013. Actually, more factories are using Robots.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18222377_10154490624467014_632756182972143190_n.jpg?oh=5b7793dd986f744de62947ac7876017b&oe=59839924
Second piece of evidence - supply of new private homes is coming down.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18301330_10154490624512014_3783719594886789016_n.jpg?oh=fc8d000b6cfd7c5b7ad685d8b6f8b269&oe=59B87DFC
This means that prices will eventually stabilised - and then rebound!https://fb-s-b-a.akamaihd.net/h-ak-fbx/v/t1.0-9/18274766_10154490624542014_4491993259170582765_n.jpg?oh=6e8211eebf1f990f82b9ddc67f5d8a50&oe=5982CE01&__gda__=1501423839_634f6dad19b860b869db77bd7eb927a0
Third Evidence - sale of private homes has rebounded in all market sectors, including new home, resale etc.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18221868_10154490624582014_6979055239801334773_n.jpg?oh=0dc004c76ed056d4d62f28622ae27f8c&oe=597A0B12
Fourth evidence - there was no decline in the number of Employment Passes issued by MOM.https://fb-s-b-a.akamaihd.net/h-ak-xpf1/v/t1.0-9/18221717_10154490624617014_4977709356832996374_n.jpg?oh=3eb27d2a992c2f1cc9ad718671dbdbdb&oe=59B46314&__gda__=1505170309_20dff0cc41bbf3db3d6a6845d8089d92
EP holders form the support base for private home leasing. Typical EP holders rent 2-bedroom or 3-bedroom apartments.https://fb-s-b-a.akamaihd.net/h-ak-xlp1/v/t1.0-9/18199221_10154490624667014_675703210139128459_n.jpg?oh=cf6124c72bd2821123781a8f19c78602&oe=597BEBA0&__gda__=1501712034_6755f56367391d4d620a630f3d4218ab
Who say rental market is bad? Look at the rental transactions over the past few January - from Jan 2012 to Jan 2017.https://fb-s-c-a.akamaihd.net/h-ak-xfa1/v/t1.0-9/18275027_10154490624732014_3184464747644890774_n.jpg?oh=a2da4b6002b90a2e9d4900636c2042ea&oe=59785E58&__gda__=1501291355_656ac53eeb9bc19816b5373e3ea35e4b
Weak demand for 'Shoebox apartments' has nothing to do with the state of the economy - it is a 'product' issue.https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18199388_10154490624772014_3689098290724314779_n.jpg?oh=c87f581e42b3fb7d4c50723b3ca043aa&oe=59B4DD5E
'Regular sized' apartments are still doing fine. So, choose your listings.
https://scontent-amt2-1.xx.fbcdn.net/v/t1.0-9/18222051_10154490624822014_3482489017385314956_n.jpg?oh=5a80a5d0429415c7727df73782730450&oe=59BB82CE