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Old 21-12-2013, 11:42 PM
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Default Rising Asia

Take a look at this study / projection by DBS for year 2020. http://www.dbs.com/TreasuresPrivateC..._ASIA_2020.pdf

An estimated 290m people will be added to Asia's population by that time. Income & wealth expected to grow, Asia to become dominant economic force.

Demand for food and housing will be high. As people get richer, demand for quality housing will also grow.

We are only a few days from 2014, and 2014 is only 6 years to 2020. I think investment in property cannot go wrong. Singapore may be a small country, but with an open economy and open door policy for successful people to come in, property investment will likely reap you good rewards.

The current oversupply in condos may provide a good but brief window to go in and grab some units. Already the government is slowing land sales to moderate the oversupply so don't expect drastic decline in prices. Grab when there is opportunity before the wild run up repeats itself.

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