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418 | The Hidden Forces Driving Property Values

The Property Couch

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What's the Difference Between Singapore and Malaysia?

The key takeaway from the earlier points is something that we have highlighted today, but we're going to reinforce the point here. We'll show you expensive real estate in those cities because the land and the related prices will be inflated. There's some interesting examples. So I looked at GDP per capita for Australia, Singapore and Malaysia. Now what is absolutely fascinating about this and it's hard to see on the graph, but Singapore from the 1960s has radically changed. They were very poor fishing village with basically slave labor and it was just a trading port,. But they have transformed their country over 50 to 100 years to being a financial powerhouse of Asia. And if we then link that back to property

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