Singapore property market is not heading for crash for sure but I know for sure house prices are not going up for at least 10-100 years. We have plenty of land available all of a sudden when the govt was telling us just a few years ago ( before they almost lost the election ) and now the direction suddenly change 180 degree. This makes me realise that people will do anything to keep their $300,000 a month salary.
If you ask about potential, Iskandar ( esp Nusajaya ) which is about 30% of the size of Singapore ( Iskandar is 300% bigger than Singapore while Nusajaya is only 30% of Singapore ), will be quite impressive. You see the crowd squeezing into Bukit Indah Jusco area every other weekends and school holidays. Its because they simply got no other places to go. Anyway this place is so much further away from 2nd link. Those developments near 2nd link, if they bring in the correct shops and retail, will make it big.
We have the whole row of activities in line from Motorsports City, Sunway Iskandar, E&O high end houses, Medini, Puteri Harbour etc.. All these developments, when completed, will make Jurong, CCK, Tengah look like 3rd world towns.
Sunway is going to make an important announcement anytime this year where their theme park is concerned. Stay tuned. This part of the world is the most vibrant and exciting for the past decade and it will remain to be for the next decade.
It does makes Singapore looks ordinary and the housing development block flats look like houses for beggers. ( Sorry to look down on the flats that I used to stay for 30+ years ) but its really becoming like slums for the international community.
If you ask about potential, Iskandar ( esp Nusajaya ) which is about 30% of the size of Singapore ( Iskandar is 300% bigger than Singapore while Nusajaya is only 30% of Singapore ), will be quite impressive. You see the crowd squeezing into Bukit Indah Jusco area every other weekends and school holidays. Its because they simply got no other places to go. Anyway this place is so much further away from 2nd link. Those developments near 2nd link, if they bring in the correct shops and retail, will make it big.
We have the whole row of activities in line from Motorsports City, Sunway Iskandar, E&O high end houses, Medini, Puteri Harbour etc.. All these developments, when completed, will make Jurong, CCK, Tengah look like 3rd world towns.
Sunway is going to make an important announcement anytime this year where their theme park is concerned. Stay tuned. This part of the world is the most vibrant and exciting for the past decade and it will remain to be for the next decade.
It does makes Singapore looks ordinary and the housing development block flats look like houses for beggers. ( Sorry to look down on the flats that I used to stay for 30+ years ) but its really becoming like slums for the international community.
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