In properties, market confidence determines the boom and doom of the industry. To property buyers and investors, trust can make or break a deal. In this digital world, trust is more valued than ever. Unfortunately, trust is increasingly rare to be found in industry stakeholders and the mass media.
Have something up your sleeve?
It is interesting to see how the stakeholders with vested interest interpret the market data in their favor, and craft a deceiving and misleading picture to place their products in a good light.
When it is time for budget announcement, we heard property agencies speculating that the government may tweak cooling measures and relax ABSD because of a considerable market correction.
When it is time for developers to announce financial results, we heard stock analysts telling investors that now could be a good time to buy property stocks which is best to ride on market rebound…