03/11/2023
Despite the cooling measures, the sentiment of buyers has not swayed majorly; with many not looking to defer their property purchases. Perhaps because many of us know that in our land scarce nation, where construction/material/labor costs continue climbing, paired with an increasing market of buyers who are keen and able to afford, property prices will very likely continue to keep trending upwards.
While there are regional/ global events that will every few years rock property prices, we could either sit back, hold on to our funds and wait, OR invest into the upward trending property market. Of course, not all property purchases have historically gained profit by attractive margins, some have even remained stagnant or worse,
So the question is, which property would give the best outlook as an investment?
CNA Article:
SINGAPORE: The market for Housing and Development Board (HDB) resale flats may have peaked, with slowing price growth and dipping demand, according to a PropertyGuru report on Monday (Aug 7). Data also shows that the private home market is also reaching its peak and prices may stabilise in the comin...