08 Jul '12, 8am

PropertyGuru Expert Blogs - Singapore Property Prices Defy Gravity ...: From the URA's (Urban Redevelopment Auth...

PropertyGuru Expert Blogs - Singapore Property Prices Defy Gravity ...: From the URA's (Urban Redevelopment Auth...

I believe that we will only see significant levels of price declines if there is an external crisis to cause a sense of panic, which we had in each of the previous 3 declines (e.g. Asian Financial Crisis, Dotcom Bubble, and Global Financial Crisis). This is because the abundant global liquidity situation could support Singapore property prices. Led by the European Central Bank and Fed, governments around the world have been easing monetary policy and keeping interest rates low to prevent another crisis triggered by too much debt.

Full article: http://www.propertyguru.com.sg/blog/tag/singapore-propert...

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