Any asset appreciation potential ? 
property as an asset will still have potential for appreciation.
Cost of construction will surely go up, with the government new
policies to cut down foreign workers, contractors now have to pay
workers with S pass to work instead of those with work permit; if
HDB is building 200,000 housing units, costs of sand, cement, steel
sure go up one lah. and government will not let prices go to much
below existing prices or else many singaporeans will have negative
assets, ....jia lat ok!!
but holding costs will be high if you don't stay in your
property, no owner occupied property tax concession, maintenance
costs, interest costs...and if you can rent out the unit,
...hmmmm....you have to do the weighing yourself,
有多少斤两，做多少事，有什么样的屁股，才吃什么样的泻药。可以是huat ah....也可以是 lao ah....