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| Singapore is one of the world's major commercial hubs, with the fourth-biggest financial center and one of the five busiest ports.
Singapore's economy is heavily export driven and it is heavily depended on manufacturing, tourism and the services sector. Housing the island is a 5.5 million population with 80% of the population living in a HDB flat. Singaporean's are active investors in properties. The population was bitten by the property bug in 2006 where every other man started invested into properties. Since then property prices have risen exponentially. In recent years, to keep prices affordable, the government introduced a slew of cooling measure to contained the run away prices of the Singapore property market. For more info, visit http://www.mortgagesupermart.com.sg/resources/articles |