16 May '17, 4am

New: The Property Market is Not Bottoming Out – It’s a Dead Cat Bounce https://t.co/yz29Qbw04X

By Property Soul (guest contributor) Question: How do I know home buying sentiment has improved? Answer: When I receive more email asking me which units to buy in a new project than email regretting buying at new launches. If property purchase sentiments are weak, there is a reverse in the number of messages from both sides. This is very accurate – there is no need to conduct any survey. Now is the perfect time to launch There is usually a three month time lag between the performance of the stock market and the property market. This is because it takes around 12 weeks to complete a property transaction. The Straits Times Index is on the way up since January. When people can make money from stocks, they feel “richer” and are in the mood to buy properties. What are developers waiting for? If not now, when? We see developers going all out to launch new projects: Park Place Re...

Full article: https://www.propwise.sg/the-property-market-is-not-bottom...

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