29 Jul '14, 7am

Buying a #home? Wait... #property #house

INDUSTRY experts have advised potential home buyers to wait if they are thinking about plunging into the property market as prices can only get more attractive. They told a round-table session organised by The Straits Times last week that while eight rounds of cooling measures and lending curbs have sent private home prices down by 3.2 per cent over the past nine months, more declines are expected. But buyers who do not want to wait should make offers that factor in this expected fall, ECG Holdings group chief executive Eric Cheng suggested. He was one of four experts, that also included Chestertons managing director Donald Han, CIMB Bank regional economist Song Seng Wun and Qingjian Realty general manager Li Jun, who gave their take on the state of the residential market in a discussion moderated by Straits Times money editor Lee Su Shyan. "Today, if I were to buy, I'll o...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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