Many Singaporeans are 'investing' in properties. And that includes the leaders. So, if the market slumps, everyone suffers.

One good way is to tell you the market is doing well to make you help them keep prices up while they throw stocks. And by the time you REALISE that the market is really shiit, they would have cleared their inventories and you will have to find your own way out with the 'red packets'.

Singapore properties are way overpriced. Just think, how can a property HERE cost you more than what you can get in other developed countries??? Its ridiculous. Simple logic tells you that its more bubble than value.

If you haven't noticed we are building accomodation to fit 6 million people. ASSuming these people really stay here, you'll probably be able to breakeven. Otherwise, if the country fails to attract the numbers, you can keep your other properties as warehouses.