Quote:
Originally Posted by Unregistered
If you are a Singaporean, you should buy a landed property. Foreigners cannot buy landed property. Dont be stupid to buy an expensive box in the sky. Ths supply of landed properties is shrinking rapidly every year while demand is rising up fast.
A landed property gives you very high social status and only about 5% of Singaporeans live in a landed property. You can build a swimming pool, a big fish pond and a nice garden.
Landed property in Singapore is very undervalued, esp the ones in the west of Singapore.
There are still cheap landed properties in the Jurong area (CORPORATION and WESTWOOD landed estates) which are still selling at less than S$2mil. These will definitely rise to above S$2mil when the Jurong Lake District is developed in the next 5-8 years. Currently, not many are in the market and these get quickly snapped up and prices are moving higher and higher.
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Don't buy beyond your means no matter what...