Why Invest Property by 2010 in Singapore

1) Sovereign Wealth - GIC & Temasek with $215 billion and $108 billion respectively in assets under management, Total $323billion

2) Formula 1 - First night racing in the world. Will attract thousands of tourist all across the world to come to Singapore. Singapore will be the eyes of the world during this period.

3) Double the size of Financial District - Singapore plans to double the size of its financial district as part of its strategy to emerge as one of Asia's leading financial centre. The new growth area will be more than twice the size of London's >Canary Wharf and provide 2.8 million square meter of office space, the equivalent of Hong Kong's main central district, said the Urban Redevelopment Authority

4) Biofuel investment - comprehensive ecosystem contributing almost 5 per cent of our GDP, world largest Biodiesel plant building in Singapore.

5) Biomedical - home to global biomedical players, country with global connectivity, world-class infrastructure and government support, magnet for international talents, centre of vibrant research - the compelling hub for biomedical sciences in Asia. Current output $23 billion.

6) Integrated Resort - enhance position as a leading destination for Meetings, Incentives, Conventions and Exhibitions (MICE).

7) Hedge against high Inflation of 6.6% - Property investment is the best way to hedge against inflation. Cash Rich Individual should invest to prevent losses. Low mortgage interest loan of 3%

8) Education Hub - launched its World-Class University programme to attract up to 10 world-class institutions

9) Youth Olympic - First to host the world's first Youth Olympic Games in 2010, a boom to Singapore's construction business and tourism receipts.

10) Medical Hub - leading medical destinations and expects to receive about 1 million international healthcare visitors by 2012, estimate $4 billion medical tourism receipts

11) Excellent Infrastructure - $23.5 billion investment on MRT and expressways to accommodate more foreigners and also achieving to become a world class city.

12) Population increase to 6.5mil by 2050 - Average 43,000 new population against average 25,000 new private homes yearly, thus the demand for properties.

13) MICE ( Meetings, Incentives, Conventions and Exhibitions) - key drivers of tourism in Singapore, with visitor arrivals constituting approximately 28 per cent of total visitor arrivals and 35 per cent of total tourism receipts or SGD 4 billion in 2006

14) Aerospace Hub - Fastest growing industries, with 2005 registering a record output of S$5.2 billion (US$3.2 billion), a 17 per cent increase over 2004.

15) Remove of Estate Duty - encourage wealthy individuals from all over Asia to bring their assets into Singapore, thus supporting the growth of the wealth management industry

16) Premium Art Center with Asia's Leading Auction Houses - Singapore aim to be the auction hub of Asia and housekeeping for all expensive art pieces, thus supporting growth and bringing more investors into Singapore

17) Tourism Expansion – More world class places of interest will be opening up in Singapore make the city the place for fun and play – SpacePort is one of the upcoming attraction, thus encouraging tourism.

In 1980s, property prices grow due to Manufacturing and Trading  
In 1990s property prices grows further due to IT industry and Shipping,  
In 2000s we have Foreign talents, Financial Sector and Tourism - property prices still continues to grow