Property Price in Singapore (2014, citizen, retirement, time)

[csteow]

Private property price is dropping , is 2014 good year to buy it ?

[mavechin]

Originally Posted by csteow

Private property price is dropping , is 2014 good year to buy it ?

It depends on what's the purpose you buy it for? To invest or for your own stay? It is always a good choice to buy a property for your own family rather than renting it.

[csteow]

Think of for investment purpose..

Singapore living standard is high.. to own one more property to rent out for retirement plan...

Government keep changes the rule and regulation with the intention to " cold down " the property price... And I think it work... and believe that 2014 is the right time... Any comment ?

[mavechin]

Originally Posted by csteow

Think of for investment purpose..

Singapore living standard is high.. to own one more property to rent out for retirement plan...

Government keep changes the rule and regulation with the intention to " cold down " the property price... And I think it work... and believe that 2014 is the right time... Any comment ?

Guess you are looking at the private property right? BTW, are you Singaporean?
If yes, go ahead cos the government policy will always help to protect the citizens. But if you are not, you may buy it if there is no changes on the policy for the 1st 2 quarters.

My 2 cents is, there will be some dramatic changes on the price after most the new BTO completed in 2015.