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(15-02-2014, 11:01 AM)Tiggerbee Wrote:(15-02-2014, 01:05 AM)opmi Wrote:(15-02-2014, 12:15 AM)Freenasi Wrote: Many people are waiting for developers to cut prices, waiting waiting but developers still holding.
Developers more like waiting for each other. Sooner or later one.
Bingo. Look at HK as an example. Developers already slashed prices by 10-20% to move sales.
I'm expecting the weaker players to cut prices by mid 2014, especially the few who has not even achieve more than 20% sales after launching since Q1 2013.
HK developers cut prices to move sales then raise prices back up again.
They can do that coz the supply not coming in yet. And HK Govt dont release so fast coz
no land to release. Now HK Gov still rezoning GIC (Govt, Institutions & Community) gov land to Resi. Very slow.
SG is selling GLS sites and launching BTOs. Big chunk of TOPs coming in 2014/2015. It is going to be even more buyers market.
>20% sales - Panorama by Wheelock??
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster