• Property

Any property market would need catalysts for it to grow in size and also in price. If phase 1 is successful, phase 2 would continue and followed by next phases too. With every phase, prices would also continue to increase. If there are catalysts, for example a new mall (successful regional mall), many new shops, an office tower or even a new MRT station, then chances are this particular area will be increasing it’s attractiveness and thus attracting more interests too. This is why developers build townships. They want to increase the attractiveness of the property market.