Trade war and economy not strong I dun understand why people still pay high for a leasehold 99 condo.![]()
Herd mentality, fear of missing out and the "boat". They think prices are guaranteed to go even higher and are jealous of those who made millions from flipping properties which were purchased more than a decade ago. "singapore land is limited", "population going to 6m", blah blah blah. How about the ageing population and the huge number of properties these elderly will let go in the next 20 years?
You are right.
Singapore to see sharpest slowdown in South-east Asia this year with 1.9% GDP growth: Report
https://www.straitstimes.com/business/economy/singapore-to-see-sharpest-slowdown-in-se-asia-this-year-with-19-gdp-growth-icaew
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