Not too long ago, it was decided by the powers that be, that the Housing & Development would cease to build 3-room flats. This was in part to the apparent rising affluences of Singaporeans. Then there was an economic recession, and many people were forced to downgrade. 3-room flats like mine became a scarce commodity, and people started speculating
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Truth to tell, it is looking up, just not that up?
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(I might be wrong, I don't have the numbers at the back of my head)
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Banking and finance is picking up faster though, like you said
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lol!
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The oil traders, like a friend of mine, is making heaps of $$$$$$!
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