soar in property prices!

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if you have read recent Singapore newspapers, major headlines are all taken up by property...HDB 5-room selling SGD720K, some HDB plot going to be at SGD500psf, en-bloc unit at average 11mil per unit...

property prices are really crazy now... everywhere, HDB, private property, condo, they are like 'rockets', shooting so high up, so fast and don't seem to fall yet... at least the COE came down, went up, rest awhile and adjust a bit.... stocks and SGX have to do some self-correction and then go up... property prices have skyrocketed just after i purchased mine... and has not come down a bit... it will go on for a while since F1 is coming next year...

is this the property bubble now? is it bursting soon? if you have spare cash, it is good to invest in one unit (private apartment) and rent out...rental is like SGD2k and above for a small unit...

at some point i am also tempted to sell mine... it should fetch SGD850k now... hahaha...

the best unit... with sea front... city view... high floor... good condition...near East Coast... but... i will be stranded or rather my family will be if we sold this...

if it is SGD1mil ??? i will consider...hahaha... highest offer wins...

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