Singapore's
sixth rail line will start at Woodlands before heading towards the East Coast,
and will have 31 stations spanning about 43km, New stations include Marine
Parade, Siglap and Tanjong Rhu.
Jurong residents can look forward to a more vibrant Jurong in a few years time. In addition, the Kuala Lumpur - Singapore High Speed Rail terminal looks set to come to Jurong. Cheers to Jurong resdents!
In the month of May 2014 , Coco Palm at Pasir
Ris and The Panorama at Ang Mo Kio lead the sales in the new launch. In June
2014, The Skywoods at Dairy Farm Heights was the top seller.
Statistics don’t lie. Since 1975 we have witnessed 4
property cycles as shown in the graph below. The current cycle which started on
2009 has not ended yet. Let’s take a closer look at the graph.
Here are
some facts we can draw from the graph.
1. The property cycle is getting shorter. We used to have more than 10 years for one cycle. Now the cycle can be as short as 5 years.
2. For every
downturn, there are major world events.
3. History
repeats itself. Every cycle, the upturn far outweighs the downturn
4. The
current cycle is the 5th Cycle since 1975. We are into the 5th
year of the current cycle.
Where is the current cycle
going to head?
When
is the current cycle going to end?
What
are the major world events in the current cycle?
Is this out flow of cash
into oversea property, a result of the countermeasures implemented in recent
months? Looks like people are still buying properties. When the going gets
tough in the local property market, buyers are buying foreign property.