Dec 10 2011, 12:25 PM
QUOTE(r1v3r @ Dec 10 2011, 10:07 AM)
Just look at the graph, It falls a few time. I had waited and bought mine in one of the low period.
If one day when RM1 = SGD2. Do you think people will buy over priced SG properties even it has limited land? IMO, why people keep buying property here is due to the confident on SG economy, it have not fail before don't means it will never fail.
For sure you Will see price increase in the long run for All item from coffee, bas fare to housing. Don't need to PhD researh or graph to tell you, common sense will do. Reasons, let the PhD student think lah. I don't think he know the answer yet.
But, the fact that SG has limited land and the gov have great control over the market means the price can manipulated.
for the first time I agree with you. Singapore is a risky country in terms of.....If one day when RM1 = SGD2. Do you think people will buy over priced SG properties even it has limited land? IMO, why people keep buying property here is due to the confident on SG economy, it have not fail before don't means it will never fail.
For sure you Will see price increase in the long run for All item from coffee, bas fare to housing. Don't need to PhD researh or graph to tell you, common sense will do. Reasons, let the PhD student think lah. I don't think he know the answer yet.
But, the fact that SG has limited land and the gov have great control over the market means the price can manipulated.
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