The MRT network has expanded,therefore , the prices of the land has been increasing significantly. It seems to be a problem for developers as they could not find a reasonable value for the land and that's not all. Research economist,Song Seng Woon,predicted that the property prices will raise even more. This is due not only because there are more local buyers these days and lower interest rate but also the increasing numbers of foreigners that would like to have a propety in Singapore,majority of the buyers are from either Hong Kong or Mainland China. Buyers do not need to worry about central banks that are increasing their interest rate during this period of time as it is also the time where there is growth opportunity and momentum in the environment,which will defitenitely benefit you and the others.
Done by:Lin ZongHan
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