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Thread: Singapore - Hainan island in the making?

  1. #1
    Join Date
    Dec 2009
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    6,003

    Default Singapore - Hainan island in the making?

    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/wo.../31hainan.html

  2. #2
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Fortunately, there are some control measures over steep price hike. Look at Hong Kong. Singaporean will be staying in ants home and not MM in future.
    Quote Originally Posted by hyenergix
    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/wo.../31hainan.html

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