Property players look beyond black January

SINGAPORE) As they say, it is always darkest before the dawn. So it may be with the 107 private homes that developers sold last month.

The number is the lowest since the government started making available monthly home sales data in June 2007, and could mark the nadir in sales volume, property industry players reckon.

House-hunting season has just begun for the year, and buyers are expected to scoop up units in projects with appealing locations, as developers continue to price projects attractively, especially in the mass-market segment. Interest absorption schemes being offered by developers will help ease home purchases in the months to come, property consultants say.

Full article : Business Times

My view on the property market is that it will start to pick up in March when more cash rich people are entering the money. You will see the up graders and the down graders. You will start to see people coming into the market, buy and hold.
We will see how it goes. Stay Tune. I will keep updating.