make love not make war. let's be pretty neutral about the whole issue. there are many concerns by many people. but i do agree most super rich are mainly really wise people who do not follow the majority public when it comes to investment either stock or property. They know when its the right time to go in and majority of them have already started moving in while the rest of the public are still very dependent on the paper to feed them mostly outdated information that eventually motivate or demotivate them. in fact of of the them those who comment good and bad news about the economy are the people who actually taken action before they start to conclude and comment publicly. they would be billionaires already if they are really so accurate! most often, their comment are usual quite the opposite. the said US dollar will fall beyond $1.30 but its started to rebound, say investors are not keen to buy but there are still so many new cars and in fact mostly super cars and expensive cars being registered and bought by Singaporean. Ferraris, Porsche, Lamborgini, Audi R8, Nissan Skyline, Mercedes Benz S or C class, BMW 7 or 6 series, etc. These are all the kinda cars that is running with mostly new plate number and most with bidded numbers. Why would they be so crazy to spend half the amount of what is regarded to the rest of the public the amount to buy a private property when most are telling themselves bad economy, bad times etc. As for urban loft, it was really sold out the same day within the first 2 hrs of price list release and not on a first come first served basis but on a ballotting basis instead. there are a mixture of both investors and HDB upgraders as well. some of the investors are in fact our client who lost out on the ballotting during the last few ballotted project like suites123, mackenzie88 etc. Beacon Height currently the best buy in the market and definitely one looking at the kinda price, location, finishing, views, etc. We should be considering not just the development but also the most important factor that will determine if property markets are still going to be strong in many years to come; Social factor within Singapore at least for the last 10 years and next 10 years. Why was Singapore quoted as one of the world richest land in the world other than switzerland? why would most investors prefers to invest into Singapore? Why do you realise most of the recent investor and numbers still increasing are nationalities like China Chinese, India Indian, Indonesian (the long time supporters, Hong Kong People, European and even those super rich malaysian and thais are current major buyers into Singapore properties. Why did URA announced and promise more residential site within near distance from the city even areas near tanjong rhu as well? All for one simple factor: We are Simply Economically STABLE with extremely GOOD SECURITIES FREE FROM CORRUPTION & we definitely gonna see our property soar in time to come!!! Now ask yourself this question: "Do you wanna be one of the average beings in Singapore who may have to continue slogging till you retire or would you rather be one of those in the top earnings thru wise and sharp property investment?" One simple property investment might just be the turning point in your life!
Just my humble two cents without any prejudices.
Pet