First of all, many things could push up property prices. Think periods of 2008 all the way to 2013. The years when everyone thought prices could go up forever and developers launching as if there’s no tomorrow. The years when buying a property meant queuing up starting the day before or even days before! Or paying someone to stand in line for you. (Yes, this actually happened when I was still based in Penang)
MRT3 Circle Line: Buy, Buy and Buy? Push up property price?
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