Singapore’s Boomtown Dream Gets Hazy
Todays, 27th March 2009 Singapore Expat News come from “Wall Street Journal“.
Singapore had five strong years of rising economy numbers and even more rising property prices. Expatriates flooded the country, and the country with money. Big projects were started by private investors as well as the own government which momentary came to a stand still when the financial crisis hit.
Read the article about failed projects, property number forecasts and how Singapore’s plans to become South-East Asia’s Dubai.
Comments: What Do You Think About The Current Property Prices?
Do you own land or property in Singapore and now you are looking with fear at the daily decreasing value of your condo or apartment? What are your plans and how do you feel about the current property situation in Singapore?
Please write down your thoughts in the comments below!