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 the last few years after the recovery for the US financial crisis of 2008. In fact, property prices have increased too much that it is pricing out many first time buyers from the market place. With cheap financing available all around the world today, many huge inflow of funds into the Singapore Property Market in Singapore.

Singapore is an Investment Haven

Singapore is a person of the easiest countries in the world to conduct concern. On top of this, it is a country which places increased exposure of law and order. There are also strict laws in in order to protect buyers and investors. A country which places increased protecting investors constantly attract investments. For property investment, number of obvious heavy restrictions guard people’s money in the Singapore property advertise.

Demand & Supply of Singapore Property

There are currently 5.1 million people Singapore. In Feb 2013, Singapore developed with a white paper which projects 6.9 million individuals the small city state of Singapore by 2030. Currently, there is not enough housing in Singapore due to the sudden influx individuals who into Singapore regarding past two very long time. How about in 17 years time? Therefore many much increase in demand for housing, and limited land in Singapore, the property market in Singapore is set to turn to red hot by 2030.

Should one invest in Singapore Property?

In Singapore, just 15% of properties are private properties. This means there are 85% of current market that foreigners will not be able to order. Private properties in this particular case refers to apartments, condominums and landed properties. Make use of of the basic economic terms, if there is limited supply of personal properties for jade scape investment and with cheap financing providing liquidity for strong demand, property prices almost all set to head up north. An issue projected population set to rise to 6.9 million, the increase of property prices in Singapore is not finished. There for being room for growth.

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