By guest contributor Gerald Tay

Dear Readers,

I want to share some personal thoughts and investment decisions based on the 2013Q1 URA PPI flash estimate and what it means for the property market.

The 2013Q1 estimate of 213.1 represents a 0.5% quarter-on-quarter increase, which is a moderation from the 1.8% q-o-q pace we saw in 2012Q4, but suggests that the market prices are still rising, albeit slightly, despite seven rounds of government cooling measures.

Today, we’re at the record peak of the property cycle since 1965. It does not take a lot of common sense to tell us we need to tread extremely carefully, especially in the current uncertain economic climate.

Prices likely to continue to increase, but…

My personal predictions (I personally hate to invest on predictions), if you may, is that there might be further price increases in all segments of the property market. The ...