http://news.asiaone.com/news/singapo...property-risks
It noted that Singaporeans poured $2 billion into foreign property last year based on deals done by real estate agencies here - 43 per cent up on the $1.4 billion invested in 2012.
MAS warned investors to take note of the risks before taking the plunge, including the challenges of dealing with an unfamiliar foreign market, particularly market conditions that can affect supply and demand. "Those who over-extend themselves will face increased vulnerability should prices decline sharply," it said.