Hi,
I agree with Mr Chin.
"you should ask yourself if you are ready to commit a purchase ie financially ready, qualifies to buy etc."
That should be your focus. Unless you are an international investor and you are deciding which country you should invest your money in by buying property.
If you are only buying properties in singapore, I am sure you are aware that it is the only rated AAA SEA country (since you are aware of the market), hence a rather good avenue for investors to park their money. Given a senario where some one has lots of money, they will always need a investment facility to "park" that some of money, some people buy gold (hence the raise in price), some buy property..
I am not saying Singapore is the only place where the property is stable, but i am sure this is one of the considered safe haven. With support from foreign funds, it is anybody's guess how the local property market will react.
Ken Tan
Huttons Asia Ltd
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