high property price are not sustainable if the salary of the
workers and economy do not grow in tandem.
i worry about the state of the private property prices in
singapore.
Singapore will feel the impact of it from th e 1st Qtr of
2009.
where the europe, Japan, and US fall into recession.
with China already taking steps to prevent the economy
from slowing further, singapore could in fact be in a technical
recession very very soon.
those who had bought private property at high prices, i wish
that your company can continue to pay your current
salaryand bonuses.
Just be very very careful!!
the PAP will not state the the possible dire situation of
singapore economy.because it willcreate panick in the system, as
ppl will stop buying houses, cars, taking less loans, which will
speed up the process of singapore falling into the full
recession.
just my personal opinion.
Dear Fuller,
Private property in Singapore are not mend for singaporeans, so
dun worry, Singapore govt build private luxury houses eg in
sentosa, ,kallang are mostly mend for rich millionaires n
billionaires like the ARabs, movie stars and high elites from other
countries to purchase.
Sentosa currently building of luxury houses with yacht are fully
booked, then our govt will tax all these rich people high
high..and plough back into our progressive package. Yeah! Hike!!!
PAP.
Angel
Waffen SS
