Laterly people have been asking me if Singapore properties prices will remain high? And my answer to them is YES!!!
Why do i say so???
As many of you may have notice recently what, Bernanke had announced..
He said that interest rate confirm Sibor maintain very low to zero % until mid 2015...
The possibility of a fresh wave of capital flows into Singapore as a result of the latest round of quantitative easing (QE3) in the United States has raised the prospect that the property market could heat up again
The Federal Reserve's decision to pump US$40 billion into the US economy each month until sustained jobs growth kicks in.
An influx of foreign funds into the property market thats means they will be still lots of moneys thats flowing in the market. Clearly Singapore is one of the destination people look to as a safe heaven to park their money.
Development In Singapore
Singapore goverment is still carry on to develop Singapore into a country for people to work, live and place.
Opening of IRs, Gardens By The Bay, F1 Nite Race etc...
Up and coming,Seletar Aerospace Park thats going to create thousands of new jobs here. As more and more people are still coming into Singapore. They will sure need a place to stay... Demand is high and supply is low.. Do you think that the price will drop?
Real estate is all about demand and supply in the market..
This posting is just my own personal point of view..
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