Private housing prices are not cheap but we have been in a 4 year consolidation. Those that did well have increased their income and private properties are affordable for them. Bernard Tong, CEO of EdgeProp has a guest post out in Channel News Asia. In it, he explore the topic of whether the Singapore Private Housing scene is in a bubble. I thought its a piece with some quantitative data that we can snapshot in our mind. To help everyone, here is the points I can distill:

1. Bernard starts off explaining what are lemmings and explores whether Singapore property investors are like lemmings that are near the edge of the cliff, inadvertently jumping off the cliff
2. It is worthwhile for him to discuss this because we are seeing more and more enbloc sale. So are we on the crisp of another property run that we last saw in the 2005 ...

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