Should I buy a property now? Or wait...

A reader asks:

"Is now a good time to buy property? or should I wait till next year?"

Dave Yong, theAsianparent property expert replies:

There are two main reasons in buying a property -

a) To occupy

b) Investment.

If your priority is to buy to stay, then anytime is a good time, but if you are buying as captial gain or rental yield investment than you have to consider THREE factors - Location, Pricing and Timing.

Whether next year is a better time to buy much depending on what type of purchase like new project, subsale or resale property and government measure to cool or perk up the property market.

Answered By Dave Yong.

Dave is a senior team director certified in CEHA with ERA Realty Network Pte Ltd. As a full-time professional realtor who mentors a group of associates under his team, his success stories includes winning numerous awards such as Asia Pacific Elite award, Top Achievers awards, Million Dollar Club Producer awards, Top Manager awards and multiple testimonial letters!

Dave exemplifies great service. His transparency and dedication to his job has resulted in many satisfied local & foreign clients who continue engaging him for all their property needs. As a consultant to theAsianparent.com Dave is excited to assist Singapore parents on property trends and update them on polices related to the property market. Dave is a peoples’ person and enjoys communicating on a wide range of topics. He also  enjoy sports and spending quality time with his  friends and family.

If you have any property questions, please direct it to Dave Yong at [email protected] or [email protected]

You can also vistit his site at www.sinproperty.com