Thursday, May 13, 2010

Property Craze in SG

SG property market has been booming and seem to continue to do very well as the property prices keep increasing.

The property developer keep launching new projects one after another.

We think they're tyring to launch as much as they can while the economy is doing well so that they can fetch really good price.

However, RY and myself are rather skeptical since we dont believe SG being such a small country can sustain this kind of growth long (just bearly few months receovery from the financial crisi) .........

In view of the current Europe crisis, not sure if Asia will be implicated.

So we've decided not to committ in any new property purchase now, instead we'll wait for the low season then get another property.
Anyway, we're not in a hurry to buy any yet, so we can wait .........

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