This is my first post about property, but it is not really about property as I am using this in relation to stocks. I am sure many of us heard about this statement many times, either from eager property sales person or in the showroom that you have visited. Many times, we were told that cant go wrong buying property in Singapore, it will keep going up in long term. Yes, the catch is in long term. Being someone who likes to play with data, I search the HDB portal for past resale transactions and guess what I found. Below are 2 transactions of the same area over a span of 10 months and you can see for yourself how much it has dropped. Imagine if you are the one who had bought at the highest and realised that potentially you could lost more than $120K, I think you will ......