In the recently concluded general elections in Singapore, real estate was arguably the most heatedly contested topic. New Minister, Khaw Boon Wan in an immediate response, has attempted to cool down the runaway housing prices in Singapore by announcing the building of more HDB flats, the dwelling of choice for most of Singapore’s populace.

Whether this move will pay off will depend largely on factors such as the recovery of the global economy, the continued position of Singapore as the regional hub for corporations, its strong exchange rate and its burgeoning economy. There is an increase in hiring, talent is in short supply, real estate prices are moving upwards and there is an inherent pressure building up on its economic system. Supply simply cannot keep up with the current demand. Taking the cue from this scenario, developers in Malaysia are in the best position
to take advantage of the high prices that are prevalent across the border.

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