but well, whatever properties you guys got, it's still a very
good investment, cos my assessment is that property prices are
going to stay up in Singapore the way things are going.
Cos the population target for Singapore's still not reached yet,
foreigners, new citizens are pouring in all the time, they all need
a place to stay. further more, after the financial crisis and
scandals in recent times, people are scared to invest in such
financial products and deriviatives nowadays ... and there are a
LOT of cash rich people in Singapore .... so where better to park
their money than in properties ? ....
and trust me, despite what the goverment says about a bubble
forming, they won't dare do much about it .... cos for most
singaporeans, the foundation of their wealth lies in their HDB
flats .... it's their biggest asset. the goverment would have an
untenable situation on their hands if they were to devalue the
people's most valuable asset in the face of such discontent. And
there's not much they can do too, really.
I get fucking pissed off everytime the words target population
are mentioned. Is this country not fucking crowded enough?!
