Property
Singapore Property: JP Morgan says a fall of 10% is likely. To buy or not to buy now?
By New Academy of Finance  •  June 17, 2020
JP Morgan recently came out with a Singapore Property sector report which I like to share some of the key salient points with everyone. You can find the PDF report at the end of this article. Following that, I will like to also share an article from Stuart Chng on whether to buy or not to buy a property during this period. RESIDENTIAL PRICES COULD FALL BY 10% OVER THE NEXT TWO YEARS In that report, it was highlighted that residential prices are expected to fall by 10% over the next two years due to the current recession. However, the fall in prices will not be as drastic as past property downturns such as those witnessed during the Asian Financial Crisis and Dotcom bust due to three factors: 1. Median household income has been on the rise, 2. The upcoming supply is not as significant and 3. Potential for policy relaxation....
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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