Property Market Sentiments

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CY09,

For your case, i say give it 2-3 years, you will find a resale 3 room within your comfort ratio,
Why not be over-weight in sg pte property? since it's you are 1st time buyer, lots of saving for you!

current measures favors 1st timers! Big Grin enjoy this advantage!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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I am a single 1st timer. I wont qualify for any grants as my income exceeds all eligible grants (i am a middle income wage earner), pte property is too expensive to own I can only get about 800k condo purchase. The other considerations is I seek financing assistance from the bank of parents (but hey, aint we suppose to be a meritocracy country and not based on good fortunes =x)

Current HDB measures only favours first timers who are married and earn a combined below 14k income. This group is increasingly becoming a smaller pool due to delayed marriages among the natural born citizens and rising income
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