Thursday, November 13, 2008

just last 2 weeks, people around me talk abt 1800 as worst case. now 1800 is probably round the corner in 2 weeks time max. expectation is for it to trend to 1500 as worst case. but things are moving down so fast ... even 1300 is now a real possibility. it could be as early as mar 09 with 1500 and 1300 by may 09. sad to say all our property prices will fall back to the asian financial crisis level. i hate to say this but i am mentally prepared to see the big depreciation on my property values. only saving grace is that i bought freehod district 9 at $620 to $800

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