curious_table
Homeowner
I pulled a small sample of Singapore coastal homes listed between S$1,276,000 and S$1,914,000. It suggests a 1.1% price decline and a median marketing time of roughly 75 days, although differences in condition make the overall picture fairly noisy.
The listings are not moving together: some receive cuts while others sit unchanged or disappear. I’m trying to work out whether that reflects buyer financing costs, seller motivation, withdrawn stock, or simply neighbourhood boundaries that are too broad for a useful comparison.
For anyone following this part of Singapore, are financed buyers using their higher costs to negotiate after about 75 days, or are they mostly abandoning a listing and moving to the next one? Recent completed sales and the timing of price cuts would be especially useful context.
The listings are not moving together: some receive cuts while others sit unchanged or disappear. I’m trying to work out whether that reflects buyer financing costs, seller motivation, withdrawn stock, or simply neighbourhood boundaries that are too broad for a useful comparison.
For anyone following this part of Singapore, are financed buyers using their higher costs to negotiate after about 75 days, or are they mostly abandoning a listing and moving to the next one? Recent completed sales and the timing of price cuts would be especially useful context.