In year 2010 thereabouts when i was living in my condo in pasir ris...a new chicken rice stall opened in elias mall....OVERNIGHT he was a roaring sucess....snaking ques and smells abounded during peak lunchtime....
He started by selling his chicken rice at $2 a Plate...
About a year later he put up a notice sorry customers but we have to raise our price to $2.20 a plate...during to increasing cost of running our business
The ques still maintained and was ever crowded...
A few weeks ago i dropped by to pick up a few packets for the family and he had a similar sign up apologetically saying that he had to raise the price to $2.5 come nov 1....
So in a NUTshell..."Singapore property and chicken rice"...something very close to the hearts of EVERY singaporean and person on this TINY island....will the price GO up or DOWN.....
I am NO food or property guru...but if ur hungry NO need to go to a fancy restaurent to fill your stomach similarly if u want a property and cannot afford a BIG/EXPENSIVE property...a small property with POTENTIAL will always appreciate in price like a GOOD plate of chicken rice....![]()