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Thread: private housing market more akin to 2009 than 2003

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    Default private housing market more akin to 2009 than 2003


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    everyone wants to buy at 2009 price and sell at 2012/2013 price ...

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    The author' conclusions suggest that any dips will lead to quick rebound when conditions are favourable like in 2009.

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    so its what buy on dip?
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    Must look to buy from now till end of 2014...

    or else too late

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    only buy when the ABSD get removed!
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    why it is too late to buy after 2014? in fact it should be after 2016.

    Quote Originally Posted by CCR View Post
    Must look to buy from now till end of 2014...

    or else too late

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    Quote Originally Posted by Royston8H View Post
    why it is too late to buy after 2014? in fact it should be after 2016.
    The cycle is getting shorter and shorter, in 2009, market drop for only 9 months before rebounding strongly....

    so if the author is right, then market will stabilize by year end or early 2015, and a new cycle will start

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    Quote Originally Posted by minority View Post
    only buy when the ABSD get removed!
    so many people thinking of that.
    if ABSD is removed, would developers raise or lower price?
    the author probably suggest the window may be short unless major bad events happen

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    Quote Originally Posted by CCR View Post
    The cycle is getting shorter and shorter, in 2009, market drop for only 9 months before rebounding strongly....

    so if the author is right, then market will stabilize by year end or early 2015, and a new cycle will start
    With so many external variables, its getting harder to even spot the cycle! Lehman crisis followed by low interest rates coupled with strong growth in China helped in 2009...

    Are we going to see the fallout of the credit risk in China this time round? Add the double whammy of rising rates?

    Even Pulau Ubin won't be spared then!

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    Quote Originally Posted by PulaUbin View Post
    With so many external variables, its getting harder to even spot the cycle! Lehman crisis followed by low interest rates coupled with strong growth in China helped in 2009...

    Are we going to see the fallout of the credit risk in China this time round? Add the double whammy of rising rates?

    Even Pulau Ubin won't be spared then!
    Of course its difficult, if its easy everyone will be millionaire liao...

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    i think many will cheong to showroom and form a snake Q till 12am ... lol

    Quote Originally Posted by minority View Post
    only buy when the ABSD get removed!

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    Remove absd developer increase price also back to square one. Think buyers must study the pricing n not whether absd remove or not.

    Quote Originally Posted by wt_know View Post
    i think many will cheong to showroom and form a snake Q till 12am ... lol

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    Quote Originally Posted by Patrickstar View Post
    Remove absd developer increase price also back to square one. Think buyers must study the pricing n not whether absd remove or not.

    all depends coz not TDSR is the limiting factor.
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    Default Housing Supply 2013-2016

    Dont think the market will stablise by end 2014 or 2015. The reason is there will be huge supply of public/private units flooding the property market after 2015.

    http://www.propertyrichesprogram.com...e-price-index/


    Quote Originally Posted by CCR View Post
    The cycle is getting shorter and shorter, in 2009, market drop for only 9 months before rebounding strongly....

    so if the author is right, then market will stabilize by year end or early 2015, and a new cycle will start

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    Quote Originally Posted by Royston8H View Post
    Dont think the market will stablise by end 2014 or 2015. The reason is there will be huge supply of public/private units flooding the property market after 2015.

    http://www.propertyrichesprogram.com...e-price-index/
    gahmen already say dun want it to crash liao.... If by 2015 still corrections and worst, market crash, what Happen in 2016 Election?

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    Quote Originally Posted by CCR View Post
    gahmen already say dun want it to crash liao.... If by 2015 still corrections and worst, market crash, what Happen in 2016 Election?
    The general consensus is bearish though the question is how bear will we go?

    Its a prickly issue to handle given the stipulated time frame from now till 2016, with a supply avalanche expected, external rates targeted to rise, CMs would be key, as that's probably the only available tool left for the gahmen to manage the level of decline?
    Believing me is like believing Puaka Hill is in D10!

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    Hor say liao! policies implemented back-fired and removing of all CMs by then also too late to save the property crash because property price is mostly sentiment driven!
    More diversity in the Parliament by then?
    We can also pick up durians!

    Quote Originally Posted by CCR View Post
    gahmen already say dun want it to crash liao.... If by 2015 still corrections and worst, market crash, what Happen in 2016 Election?

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    Quote Originally Posted by teddybear View Post
    Hor say liao! policies implemented back-fired and removing of all CMs by then also too late to save the property crash because property price is mostly sentiment driven!
    More diversity in the Parliament by then?
    We can also pick up durians!
    Boats carrying D24 have long gone.
    Maybe can pick some rambutans

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    Quote Originally Posted by teddybear View Post
    Hor say liao! policies implemented back-fired and removing of all CMs by then also too late to save the property crash because property price is mostly sentiment driven!
    More diversity in the Parliament by then?
    We can also pick up durians!
    talk cock lah.. everyday dream of Disasters strike singapore. When there is no future for singapore u think u will be picking durian? u will be having shit fall on ur head.

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    Quote Originally Posted by 3C View Post
    Boats carrying D24 have long gone.
    Maybe can pick some rambutans

    For this joker more like pick horse shit.....
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