StingRoy
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Actually it seems like an Asian culture thing to have keep properties as investments (Is this the same in India?). I know Singapore, HK, Taiwan etc property investments are a non stop topic day in and day out.
It unfortunately is. There are very similar market dynamics driving the housing sector. I believe it is a part of every developing economy and the staggering ROI.
But I am surprised at Singapore in your list. I thought it had a relatively stable housing sector because of the govt involvement in providing housing to all its residents.