Possible Reason For the Property "Increase"

[Redcape]

A Happy New Year to all.

Further to the DPS, I believed the scheme was started around the middle to late part of 2016. If this is so, 2018 will be the year to see who is/are swimming naked.

This is what MAS has to say about DPS back in August 2016 in the Straits Times

"Home buyers using deferred payment schemes will get smaller loan amounts: MAS" (Straits Times, 16 August 2016)

Between, its not sunny days for every property related counters, something to take note of

"Profit Guidance For the Financial Period Ended 30 November 2017", Tee International Limited (5th January 2018)

Under point no. 2
"Impairment loss of S$1.8 million for the unsold units in Peak I held by TEE Land Limited as the
recent sale of one of the units indicated that the net realisable value of these unsold units has
declined."

Will be monitoring the results of related property counters to monitor the trend.

Stay safe & happy investing everyone

Well, to have the privilege to see who is naked, the tide has to go down. Based on the latest price trends and view from property agent (yes, just one), the odds of tide going down in 2018 is not high.

Unfortunately, I do not have the data to further develop my point at the current moment. Guess time is the best essence to define the hypothesis as we go along through 2018.

Lastly, for that privilege to materialize currently,  I guess it has to be confined to late, lonely nights in front of the computer for some.