Another snapshot - Sibor has dropped to a new low! At 0.51%!!! Wow... so does low interest rate means more buyers? Or low interest rate will attract more buyers? Well, looks like buying trend will continue....?
Showing posts with label Private property. Show all posts
Showing posts with label Private property. Show all posts
Thursday, September 16, 2010
The demand is still there
A snapshot - today Straits Times headline "Sale of new private homes fairly strong". So looks like Hungry Ghost month did not deter buyers from buying houses. Anyway, it has been always a myth to think that buying houses in Lunar Seventh Month (aka Hungry Ghost Festival) is inauspicious.
Another snapshot - Sibor has dropped to a new low! At 0.51%!!! Wow... so does low interest rate means more buyers? Or low interest rate will attract more buyers? Well, looks like buying trend will continue....?
Another snapshot - Sibor has dropped to a new low! At 0.51%!!! Wow... so does low interest rate means more buyers? Or low interest rate will attract more buyers? Well, looks like buying trend will continue....?
Sunday, September 5, 2010
People are still buying....
A recent news article from Channel News Asia reported that home buyers are still buying resale private property. And it was reported that data from URA shows resale private property make up of 50% total private property transaction. The rate of changing hands is growing faster now and an increase of 30% since 2007.
So look like everybody is still confident that our economy will continue to grow despite that USA unemployment rate has hit to 9.6%.
So what is your view on this? Will property price continue to rise? Or there will be more people buying private property?
So look like everybody is still confident that our economy will continue to grow despite that USA unemployment rate has hit to 9.6%.
So what is your view on this? Will property price continue to rise? Or there will be more people buying private property?
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Fengshui Audit in Adelaide 2005
