Even EC at Sumang Walk in Punggol sold at $583 psf - looking at $1000 psf break-even cost.
Prepare for supply avalanche as ageing HDB Flat Owners die:
Collective Sales push up private home resale prices:
17 Jun 18 - https://www.straitstimes.com/business/prospects-for-singapore-commercial-real-estate-looking-up
Hyperinflation can happen during your retirement period. If you only hold cash during that period, it might be wiped out. Hold real physical estate is safer!
Rich Country Driven to Proverty in less than a decade: Venezuela's Case Study