There may be a correction in Singapore housing prices. The housing price index is reaching the peak and prices might stabilizes for a while before it goes down again.

Singapore Property Price Index has hit a high of 140+ but economic fundamentals are entirely different from the last Asian Financial Crisis. Real estate investors advised to be cautioned with buying and might be a good idea to refinance mortgage debts...

It would be in your best interest to refinance your home loan right now, making good use of the low interest rates. You would not want to be making high installment payments during an economic slowdown. It is just not sensible to do so.

Think positively! Pull your finance together as soon as possible during the economic slowdown. Don't wait for things to happen to you. Shave off some extra expenses, refinance that home loan, restructure some of your debts...

Despite the economic slowdown around the world, China is still doing relatively well. However, when winter comes, domestic demand in China will slow down and there will be negative movements in the equities market...

No analyst, investment banker, consultant or even a fortune teller will be able to tell you when prices have hit bottom. You can start buying now, so as not to miss the opportunity...