Is this the right time to go into property market?

The property slowdown has actually allowed prices to soften so that first time buyer or first time investors can actually get a good bargain if they play their cards right. If you buy with contingency measures set in place for the worse case scenario, you are actually in a better position than someone who buys in a good market, and who is unprepared for a downturn.

Recently big players like Mr Kuik from Sim Lian group is buying big ticket item in the property market, a $16M GCB at Chestnut Drive.

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Be Fearful When Others Are Greedy and Greedy When Others Are Fearful

Warren Buffett

Source: SRX

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