Are Current Singapore Properties Prices Reasonable ?
With the economy back on track in a slow yet assured way, property players are rushing back to the red hot Singapore real estate market. The market is flushed with bullish sentiments and property developers have been busy adjusting up their prices in their daily advertisement. You can't help but starting to pay attention, only to come to the conclusion that the prices are beyond you.
Or have you been slackening and you accumulation of wealth and income has not been able to keep pace with the property prices? Are the current real estate prices reasonable? Are there really enough crazy buyers out there to support such price levels?
To have a better sense on what is going around on the property market; let's begin by checking on how property news/prices are relayed to you. If you are not a major and active real estate player, chances are you have to be reliant on secondary sources such as media for your property update. Media like newspaper, radio and TV, all inadvertently play a role in helping us shape your belief.
The fact remains that, in all reality, for one super-scale mega project, there are probably a number of more modest launches that do not make headlines materials. We are not suggesting that our media has been responsible for inaccurate reporting. A grand and mega project that runs into hundreds of millions in development cost would easily snatch the headlines from the more decent real estate development. Rather we are aware of the fact media exists to disseminate 'newsworthy' and interesting reports.
Advertisements paid for by glamorous developers represent another reason in a similar way. These super-scale luxury housing advertisements of Marina and Sentosa enclaves, for instance, are targeting those very rich foreigners and locals. It makes sense that these are priced with a premium and are generally not meant for average Singaporeans.
Of course, resale prices for privately owner-occupied properties are obviously lower than those advertised at the new launches. But few people are aware of them as the lack of 'newsworthiness' elements. For the average guys among us, the new launch prices are what making news within our circles.
One of the reasons that help others, this belief is formed that in 2007 real estate boom is still fresh 'spirit in Singapore \. With the integrated resort as a backdrop, many developers have their complaints and went to the opening number of super-super-luxurious and exclusive projects with great success in a massive training of a record number of foreign investors. Here too, these features are not available to the average Singapore .
In all reality, the private housing market does not affect the intention to remain static, as is inflation, a natural element in any economy. But there is still a modest number of private housing prices around Singapore. The suburb features, just for comparison, only single-digit price increases registered in the last ten years. It is up to you to optimize your needs and watch for them. - 23305
Or have you been slackening and you accumulation of wealth and income has not been able to keep pace with the property prices? Are the current real estate prices reasonable? Are there really enough crazy buyers out there to support such price levels?
To have a better sense on what is going around on the property market; let's begin by checking on how property news/prices are relayed to you. If you are not a major and active real estate player, chances are you have to be reliant on secondary sources such as media for your property update. Media like newspaper, radio and TV, all inadvertently play a role in helping us shape your belief.
The fact remains that, in all reality, for one super-scale mega project, there are probably a number of more modest launches that do not make headlines materials. We are not suggesting that our media has been responsible for inaccurate reporting. A grand and mega project that runs into hundreds of millions in development cost would easily snatch the headlines from the more decent real estate development. Rather we are aware of the fact media exists to disseminate 'newsworthy' and interesting reports.
Advertisements paid for by glamorous developers represent another reason in a similar way. These super-scale luxury housing advertisements of Marina and Sentosa enclaves, for instance, are targeting those very rich foreigners and locals. It makes sense that these are priced with a premium and are generally not meant for average Singaporeans.
Of course, resale prices for privately owner-occupied properties are obviously lower than those advertised at the new launches. But few people are aware of them as the lack of 'newsworthiness' elements. For the average guys among us, the new launch prices are what making news within our circles.
One of the reasons that help others, this belief is formed that in 2007 real estate boom is still fresh 'spirit in Singapore \. With the integrated resort as a backdrop, many developers have their complaints and went to the opening number of super-super-luxurious and exclusive projects with great success in a massive training of a record number of foreign investors. Here too, these features are not available to the average Singapore .
In all reality, the private housing market does not affect the intention to remain static, as is inflation, a natural element in any economy. But there is still a modest number of private housing prices around Singapore. The suburb features, just for comparison, only single-digit price increases registered in the last ten years. It is up to you to optimize your needs and watch for them. - 23305
About the Author:
Learn more about Singapore Real Estate. Stop by our site where you can find out all about Singapore Properties and what it can do for you.
posted by Mr. Forex at
3:02 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home