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Old 13-08-2011, 10:08 AM
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Singapore property prices will continue to rise albeit at a slower rate

Low interest rates will be here for a long time. The Fed already said so.

Anyway, with Singapore's limited land supply and high demand for properties (not only from locals but foeign investors that see the strong SGD a plus as opposed to the weaknening USD), prices will likely rise over the long run. Thos who bought with a long time horizon for their own stay should not be concerned even if price corrects. Any correction in Singapore property prices is an opprtunity to buy more properties.

Many of Singapore's rich and famous millionaires and billionaires make their fortune from property.
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