I'll leave you with these 2 charts, let me know your thoughts before I share mine. Other than what is stated, the light blue chart indicate M2 index (1998 Q4 as based = 100) vs other (indicated on charts) and pure red (HDB resale perice index). You can post a comment but please, this is not politically motivated, so I'll delete which ever comments which cross the line. Thx! I did a data collection for M2 money supply and HDB resale index, then I superimposed this research on the URA chart. (since they don't have data for anything older than 2008, other than in this chart).
I have been holding back this data for quite sometime since ppl will use it for the wrong reason (speculate), but the current price is getting ridiculous. The return is only good for Bungalows, Terraces and Semi-Ds and these are worth a fortune! As for condominiums, they are just as good as HDB resale return and why log in high investment when you are still losing?
I have been holding back this data for quite sometime since ppl will use it for the wrong reason (speculate), but the current price is getting ridiculous. The return is only good for Bungalows, Terraces and Semi-Ds and these are worth a fortune! As for condominiums, they are just as good as HDB resale return and why log in high investment when you are still losing?
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