I asked this question in the Wisdom of the Crowd - Why is there a strong demand for private property now?
Here are the responses:
34% - There are many foreign buyers.
34% - The buyers want to make a profit on the rising property market.
30% - The buyers are mainly owners who have to replace their property sold on enbloc sales.
2% - The economy is doing well.
You can view the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=727
Here are the responses:
34% - There are many foreign buyers.
34% - The buyers want to make a profit on the rising property market.
30% - The buyers are mainly owners who have to replace their property sold on enbloc sales.
2% - The economy is doing well.
You can view the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=727
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