Property Woes

My colleague has starting looking for an apartment. The current rental unit she is staying in may just go en bloc next year. In view of the prices that seem to be only increasing, not falling any moment, she thought she better start looking. For those who had bought their homes before the hike , they will most likely be very glad. For those with additional housing and who wants to take this chance to sell (since they already have a roof over their head), they can see themselves alot more richer. Some businesses are also hit . Gaia Yoga has closed its business, citing property rental hikes and inability to sustain business at current costs. (maybe also due to intense competition)

Hopefully the prices will be more reasonable a few years down the road? Or will it only escalate further? I shudder to think. I am not the kind to plan long term..Perhaps I should learn to plan now! But since I cant get an apartment yet, I guess I dont have to think too much about it.

I hope the prices will 'stabilise' soon. I think there is enough supply actually. Just that Greed and now Fear is driving the market crazy. That probably happens when 4 million and in future , maybe 6.5 million people are cramped on a tiny island.. Even 'brain waves' get affected and everyone just feel the 'impulse' to 'jump' when they see others 'jumping' ...:p (hence the faddish crazes that range from bubble teas, cinnamon buns, rotiboys and now donut factories.. singaporeans cant help but 'jump on the bandwagon' )

Poppy Power

Spidey came over to take some pictures of Poppy last saturday. Here are 2 of the pictures. He took like 19 in total!