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Quote from swakoo:
"From a liquidity perspective only, looks like scope for further asset inflation.
Perhaps not in residential property which is already facing 5 rounds of counter measures.
But in strata titled commercial and industrial properties and COEs?"
Yes, very good points from swakoo san.
Ppty prices usually driven up by sentiment, so seller will use all sort of tactics to drive up the profit.
In actual fact most layman usually cannot buy those really cheap and under-value ppty, why? insiders and those deep pocket old bird ppty investors will snatch-up before you come to know.....so is it now the right time to sell, I am asking myself this question also...
Anyway what I can only said is....
So long interest rate is rock bottom, inflation will keep on rising...
my 2 cts opinion....
"From a liquidity perspective only, looks like scope for further asset inflation.
Perhaps not in residential property which is already facing 5 rounds of counter measures.
But in strata titled commercial and industrial properties and COEs?"
Yes, very good points from swakoo san.
Ppty prices usually driven up by sentiment, so seller will use all sort of tactics to drive up the profit.
In actual fact most layman usually cannot buy those really cheap and under-value ppty, why? insiders and those deep pocket old bird ppty investors will snatch-up before you come to know.....so is it now the right time to sell, I am asking myself this question also...
Anyway what I can only said is....
So long interest rate is rock bottom, inflation will keep on rising...
my 2 cts opinion....