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Old 04-10-2014, 10:46 PM
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Originally Posted by Unregistered View Post
2009 - Upturn is not sustainable
2010 - Prices will drop 10%
2011 - Prices will drop 15%
2012 - Prices will drop 15%
2013 - Prices will drop 20%
2014 - Prices will drop 20%

In reality,

2009 - Prices went up 20%
2010 - Prices went up 10%
2011 - Prices went up 10%
2012 - Prices went up 10%
2013 - Prices went up 5%
2014 - Prices remain firm
://forums.condosingapore.com/showpost.php?p=485756&postcount=3
Do you know if you total up property value in Singapore now, you can buy up entire Malaysia's land and property ?
This is similar to total value for property in Japan during 90's was equal to the whole of US's.
How is Japan compare with US now ?
Similarly 20 or 30 years down the road, similar things will happen here.
Singapore property cannot and should not keep on inflating, couple with rise in exchange rate. It will one day price itself out from the free market.
Also for those who think salary in Singapore will just keep on inflating, one of these days all the services and manufacturing will move to neighboring countries esp Malaysia.
High income means high cost of living.
High income also make people like you more complacent.
When Sing dollar is still very strong, try to diversify to lesser countries like Batam, selected places in Malaysia, Australia, NZ, Canada or US.

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