All I know is that I recently sold my unit and unloaded. I dont see bubbles like this as sustainable and it was my window of opportunity to get rid of it before i cash in on the next dip. If prices are going up now, use this as an opportunity to sell, especially while Singaporeans still believe in the IR. Once the IR opens, the hype will wane off and high prices will no longer be justified as much as today while the "magic" is still there. For those with units, my suggestion is to SELL as high as you can and use the proceeds to buy commodities instead - no depreciation, no tax, no leakage.
Saturday, June 20, 2009
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