Shanghai property prices falling 27 Oct 11:

Singapore property in general is still under-priced especially the controlled landed property. It will be wise to buy landed property or apartment in prime location. The population increase and really limited land will keep the property price level at this or higher. Those who wish the prices to drop will be greatly disappointed. In fact, Singapore open space vs built up space ratio is low as compared to many great cities. HDB flats should be built higher, say 50-storey block and smaller units like in Hong Kong. All carpark space should be trimmed and be underground. More open green space should be allowed for climate change mitigation. As such, how do you expect the property prices to drop?

Full article: http://mysingaporenews.blogspot.com/2011/10/shanghai-prop...

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UPDATED 27 Oct 2011

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