A contributor to the ST forum today, Woon Toon Tuan, wrote an article titled, ‘Why property prices will remain high’ and quoted some amazing numbers which he said were from official sources.
He stated that from 1995-2010, the population of citizens and PRs increased by 758,000 while 128,896 private homes were built. The 758,000 when translated into homes needed with a 3.5 person per household
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