Dear Mr. Propwise,

I am concerned about the recent remarks by Minister Khaw on a potential property market crash. Will it really happen just because of the oversupply of homes? Or will the market just stagnate? Will prices go back to the low of 1998?

This really stresses me so much because I bought a property in the beginning of the year before hearing this news. And I am also subject to the four year lock in period so I can’t sell now. I am very worried.

My property is currently rented out and it’s in District 11. I can hold on to the property but am worried that if price goes down the bank might ask me to top up cash?

Regards,

M

Dear M,

No one can know when the market will crash. We can only make an educated guess that based on the surge in the upcoming ...