Property price will stay in a tight range in next 5y
This thread is to balance extreme views from Mr Basic and Mr BJ
One camp of people think US stock market will stay in a tight range for next 5y with near zero growth, getting annual return of 5% will be a challenge too.
If that is the case, with all the CM1-CM5, SG property market will also stay in a tight range for next 5y with not much capital appreciation to talk about, range trading the stock market e.g. between 2,400 to 3,000 may be the best strategy going forward?
And what would be that tight range? Land bid seems to point to OCR land @ 350-400psf thus translating to selling price around 850-900psf ... RCR will probably command 1000-1300psf, CCR from 1300psf onwards
What is your opinion? Please share ...
Ride at your own risk !!!