What exactly is Happening in the Singapore Property Market?

Singaporeans have been very vocal recently about property prices in Singapore. In fact, property prices have sky rocketed in of late after the recovery over US financial crisis of 2008. In fact, property prices have increased plenty of that it is pricing out many first time buyers from the market. With cheap financing available all across the world today, there huge inflow of funds into the Singapore Property Market in Singapore.

Singapore is an Investment Haven

Singapore is just one of the easiest countries in the world to conduct business. On top of this, it is a country which places emphasis on law and order. There are also strict laws in place to protect buyers and investors. A country which places emphasis on protecting investors will always attract investments. For property investment, number of obvious heavy restrictions guard people’s money as Singapore property latest market.

Demand & Supply of Singapore Property

There are currently 5.1 million people Singapore. In Feb 2013, Singapore showed up with a white paper which projects 6.9 million people in the small city state of Singapore by 2030. Currently, there is inadequate housing in Singapore due to the sudden influx of people into Singapore your market past two very long time. How about in 17 years time? With so much increase very busy for housing, and limited land in Singapore, the property market in Singapore is set to become red hot by 2030.

Should one pay money for Singapore Property?

In Singapore, only about 15% of properties are private properties. This means there are 85% of the market that foreigners won’t be able shop for. Private properties in this case refers to apartments, condominums and landed properties. Cord less mouse with the basic economic terms, if work involved . limited supply of personal properties for investment and with cheap financing providing liquidity for strong demand, property prices almost all set to head up north. With the projected population set to rise to.9 million, the increase of property prices in Singapore isn’t finished. There will still be room for financial growth.

The property market in Singapore is placed to become very competitive. With a projected 6.9 million people on limited land of only 700 square kilometres, the market is actually going to hotly contested. While economic factors will affect property prices in the short term,. in the future run, demand and still provide will dictate your way the property market will move. Right now, it looks like demand jade scape will outstrip supply.