04 Mar '13, 3pm

When will CCR prices recover? - Page 2

Even though the supply is increasing, we must not forget that every year, another 100k pax is coming to our shores. Of course not all of them can afford CCR properties but just 0.5% is 500 units per year. Personally I see some softening in CCR prices but not a sharp drop. There is only so limited no. of such freehold prime properties in the long run. The key word is looking at things in mid-long term. In the short term, the CMs have truncated the market.

Full article: http://forums.condosingapore.com/showthread.php?p=375449#...

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