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Full Version: Josh Tan : Will Property fall with rates rising..
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My view is given restrictions are lifted. The govt will just boost the economy by importing foreigners so its not going to fall much as there is external demand.

SG property prices easily 30% vs actual real economic condition. Speculative forces still pretty much in play.

Why prices not falling cos govt and developers are holding and have holding power. They pushing sales at high prices to offload to retailers. When they are pretty much done with it, they will let the market correct to reasonable level so that govt will ease some of the policies for the next wave up.

There isn't much alternative to the inflationary cycle that has been around since WWII. Countries and masses are pretty much accustomed to this way of slavery life.
the supply is drying up, that's the first statement he made.

next there'll be a new wave of en bloc transactions coming soon, around the end of this yr and early next yr. and those sellers who get the en bloc money will start looking for places to stay.

and that shd answer his question on where the next demand would come from
those property agents as usual " trying to boast "

claim 2nd half property in SG will bullish

yesterday claim rental increase

I don't know. I just feel what happen in USA property issue will happen in SG
His last point makes some sense. We shall see if the trustee loop hole makes an impact on the price.