Quote:
Originally Posted by manilaboy2007
Thinking of buying a condo at BGC also but the price seem to be very expensive. WIll like to hear how the property in the near future like now?
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Property Investment is heavily dependent on LOCATION and DEMOGRAPHICS. Why Singapore Property VERY HOT........because of Government FT policy.....net immigration into the country 4 mio to 5 mio in a matter of 10 plus years......over 100,000 people per year. Philippines is a county of net........EMMIGRATION........it loses people like flies leaving a disinfected toilet. You invest.........you have many risks.......if you think you can make money!! It is all HOT AIR. Risks 1. Unstable Government 2. Uncertain Economy 3. No logical market factors driving price increases (Hot Air).
Invest at your own risk my friend!!!!