24%...still negotiable to 25%, 30%?.....
price war already started…better dump fast before price collapse, rate hike on the way, global currency war already started, tons of layoff & pay cut ongoing now, GDP down, output & export down, business plunge, no demand, global in re cession, print $$ already no effect as no junk to buy using money now, super high risk & collapse anytime….
no jobs, no tenant, no buyers…rental & price down….there is much better value property around the world, when US & western world property up, asian property will c rash hard…..so cheap & nice property at a fraction of price…..
tons of supply on the pipeline….>40000 unsold new units, many sold for 2-5 yrs still no takers….plus another 100,000 resales units…plus another 90k-100k of new completed in next 2 yrs…..of course khaw already said 25k of BTO this yr, can increase another 7k units….land sales must dump out more since developers so interested….
globally, all kind of wars looming…currency, trade, military, chemical & biological…fight for business & jobs for their people, no more win-win, fight for survival now….time is now, clash to crash……whether to send back gold, sell US bond, buy other’s currency, import taxes, protectionism…..
be patient..spore property down>50% by 2015 is nothing…..developers gives 24% discount is nothing…down 30-40% also don’t buy…stop buying, wait for weak holders & developers to bankrupt, then buy….
many still living in denial, especially resale, refuse to cut >20%, then stop buying from them.....ignore totally, no down >50%, no buy...no 2015, no buy....stop viewing, ignore property agent completely....let them bankrupt & crash...let developers run 1st, last one to run, 1st to bankrupt....