Singapore has not reached the absurb level for the properties...yet. The locals are gradually priced out of the property due to mainland Chinese investments.
http://www.nytimes.com/2010/03/31/world/asia/31hainan.html
Fortunately, there are some control measures over steep price hike. Look at Hong Kong. :scared-1: Singaporean will be staying in ants home and not MM in future.
Singapore has not reached the absurb level for the properties...yet. The locals are gradually priced out of the property due to mainland Chinese investments.
http://www.nytimes.com/2010/03/31/world/asia/31hainan.html
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