Home buyers should not be swayed by the fear of missing out

What a difference a year makes.

This time last year, many property investors and industry players were still hopeful that the authorities would roll back some of the cooling measures that had kept a lid on the recovery in the Singapore residential market.

At the start of 2017, private home prices had fallen for the 13th consecutive quarter, slipping by 3.1 per cent in 2016. This followed a 3.7 per cent fall in 2015.