Sunday, September 23, 2012

Over flooded with Condos

Is S'pore being over flooded with condos ? There are so many condos units being built all around the island. Recently their advertisements appear so frequent during TV commercial breaks.

Just along East Coast Road, numerous condo developments are springing  up both left and right of the road.

Even once upon a time 'peaceful' HDB estate is invaded by condo development activities. Travel along Loyang Avenue (towards Changi direction, before turning into Pasir Ris Drive 1), there are 5 directional bill boards advertising new condos within a span of less than 15 feet !

Wonder when will the property bubble burst. All the ingredients for popping are there.

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