What does Analyst think? Is Singapore flushed with liquidity?
Some market analysts are positive that the market has reached it’s lowest point while some pointed out that external demand is still not picking up fast enough. There is indication that the Singapore government is doing all it can to stimulate the Singapore economy. Just in January 2009 alone, M1 money supply increased by 6 billion dollars to around 82 billion dollars. Dishonest Singapore Property Agents are again active The market is red hot, some property agents are again touting En-BLOC as bait. The 2nd more common trick is. It’s near the MRT, got rental potential. This appeals to greed in property buyers. These dishonest property agents are also trying to raise the prices at the last minute even after prices have been agreed with the property buyer. Be careful not to let greed dictate your decisions, talk to many agents, not just 1 or 2 and cross correlate their stories. BE CAREFUL OF BUY AND SALE BY AGENTS And also be careful of sub-sale activities. If you are seller, you must als