Tuesday, December 12, 2006

Sizzling Red Dot

A very useful map in The Straits Times of what's hot and what's not in the Singapore private residential property market.

Although only a small part of the island is currently in red to show the hot property interest, it won't take too long before the property fever spreads to the rest of the island.

The little red dot is definitely sizzling with the massive inflow of funds into property and private wealth sector. And the two upcoming integrated resorts and casinos -- Las Vegas Sands at Marina Bay and Genting-Universal at Sentosa -- will definitely add more sizzle to the island's already hot economy.

Singapore is definitely fast becoming Asia's Switzerland, or even more in the next five to ten years.

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