Property investment seems like a favourite investment class in Singapore. This is particularly so for private residential property prices in Singapore where there is "more free" market and can be purchased by foreigners (compared to the public HDB flats - which is restricted to citizens). It is not difficult to see why, given that the best place to invest in properties have the following characteristics:
1) Small available land area (Singapore is just a small dot of about 700 sqm in the world!)
2) High population density (Singapore is the top most populated country in the world!)
3) High GDP per capita (Singapore has one of the highest GDP per capita in the world!)
But given the many private residential property cooling measures implemented by the Singapore government, what is the private residential property price outlook from here?
Let me make a proper summary and will get back here to let you know my view............
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