Property Markets in Singapore set to bubble as a privately owned set of condominiums has been paid USD 1 billion for it to cede control to the Government. Other deals where private built condominiums are being sold to the government for ontrol is commonplace as my parents are making potential profit from this clusterfudge of events. Analysts fear of another property bubble similar to that of Hong Kong: Enough houses for all, too pricey for the majority of people and a shitty land management.
Goddamn government eating up people's homes. They found their dream homes and then it gets bulldozed & they have to hunt for homes ONCE again