Tuesday, October 30, 2007

Property Chartopia

Was looking through a Merrill Lynch report that my friend shared with me, and thought some of the above charts and notes might dissapoint you folks who thought that prices might crash overnight due to the URA announcement on DPS.

Economy is roaring, F1 is coming, a new racetrack is being built (to the dissapointment of some environmentalists lol) and with two 4 billion dollar Integrated Resorts - this DPS game isn't going to put a dent in prices.

So it looks like until the government re-introduces of Capital Gains Tax, the only way to go is up!