buyers should be prudent and hold out for better projects

[Regulators]

In this current frenzy of buyers snapping up units for new launches, i think buyers should exercise some prudence and hold back their cash for better launches ahead. If current new projects get sold out at this rate, better launches up ahead will never be priced rationally. Developers are taking advantage of the current wave and pricing cock projects far from MRT in ulu land like Minton, Treehouse and some ulu project in Yio chu Kang at more than $900psf. Buyers fail to realise that they are the ones that make or break the market and the frenzy is spurred on by the fact that a lot of buyers have been poisoned by property agents that prices will keep climbing and if they don't grab a propery now, they will miss the boat. Imagine what the impact would be if all the buyers can just band together and not buy any property for the next quarter. Again, the buying population is big, but we lack the unity otherwise we can move the market.

[devilplate]

Mr Mah needs ppl like u! He dun hf to headache about further cooling measures!:D :D :D

however, currently some new launches r not doing well.

hey guys...if just based on PPI alone vs Inflation....dun u tink PPI is roughly on par with inflation?

In tat line of argument, can i say current ppty prices r not crazy?

[mantrix]

In this current frenzy of buyers snapping up units for new launches, i think buyers should exercise some prudence and hold back their cash for better launches ahead. If current new projects get sold out at this rate, better launches up ahead will never be priced rationally. Developers are taking advantage of the current wave and pricing cock projects far from MRT in ulu land like Minton, Treehouse and some ulu project in Yio chu Kang at more than $900psf. Buyers fail to realise that they are the ones that make or break the market and the frenzy is spurred on by the fact that a lot of buyers have been poisoned by property agents that prices will keep climbing and if they don't grab a propery now, they will miss the boat. Imagine what the impact would be if all the buyers can just band together and not buy any property for the next quarter. Again, the buying population is big, but we lack the unity otherwise we can move the market.

Steady yourself for the counter...

[Wild Falcon]

don't worry lah. There are numerous projects not doing well. For every project that people see good value and get snapped up quickly, there are 2 other projects that are not moving at all. You can try Flamingo Valley, The Shore, the Sound, Cascadia, etc etc. and the other posts by the agent by the name of Anthony. One thing shocking is that some MM units with low quantum are not moving (Siglap V, Lenox) - so still got chance to buy MM!!! Also, suddenly some old projects appear at some "preview" VVIP prices and highly negotiable :)


In this current frenzy of buyers snapping up units for new launches, i think buyers should exercise some prudence and hold back their cash for better launches ahead. If current new projects get sold out at this rate, better launches up ahead will never be priced rationally. Developers are taking advantage of the current wave and pricing cock projects far from MRT in ulu land like Minton, Treehouse and some ulu project in Yio chu Kang at more than $900psf. Buyers fail to realise that they are the ones that make or break the market and the frenzy is spurred on by the fact that a lot of buyers have been poisoned by property agents that prices will keep climbing and if they don't grab a propery now, they will miss the boat. Imagine what the impact would be if all the buyers can just band together and not buy any property for the next quarter. Again, the buying population is big, but we lack the unity otherwise we can move the market.

[proud owner]

don't worry lah. There are numerous projects not doing well. For every project that people see good value and get snapped up quickly, there are 2 other projects that are not moving at all. You can try Flamingo Valley, The Shore, the Sound, Cascadia, etc etc. and the other posts by the agent by the name of Anthony. One thing shocking is that some MM units with low quantum are not moving (Siglap V, Lenox) - so still got chance to buy MM!!! Also, suddenly some old projects appear at some "preview" VVIP prices and highly negotiable :)


care to share ? which old projects ?

[Wild Falcon]

Go see all Mr Anthony's posts. Some of the projects have been selling for quite a long time and suddenly got "VVIP" prices and extra discounts.


care to share ? which old projects ?

[Komo]

Let the market works its way. That's the beauty of it, isn't it?

[Regulators]

The funny thing about the term VVIP is that ah kow or ah neow who walks into a showflat these days is considered a VVIP.


Go see all Mr Anthony's posts. Some of the projects have been selling for quite a long time and suddenly got "VVIP" prices and extra discounts.

[kane]

The funny thing about the term VVIP is that ah kow or ah neow who walks into a showflat these days is considered a VVIP.

whoever pays their commission automatically becomes VVIP.