Video description from @rodneytan
In the last 10 years, prices of condominiums in Singapore has increased more than 50%. With such optimistic demand in recent new launches like The Reserve Residences and Grand Dunman selling massively despite prices crossing over $2400psf, is there a possibility of a property bubble brewing?
In this episode of my e-newsletter, I will break down the figures and take a deep dive on what is the REAL ROOT CAUSE of the drastic increase of property prices in Singapore.
Check out the past Goverment Land Sales since 1993
➡️https://www.ura.gov.sg/Corporate/Land-Sales/Past-Sale-Sites