Around January this year, Jim Rogers was reported to have said that the Hong Kong real estate market was in a bubble situation. However, according to property consultants Knight Frank, the Singapore property market rose 37% year-on-year in the 2nd quarter, ahead of both China (36.8%) and Hong Kong (24.9%), as reported by
Bloomberg.
So far, Jim has not called the Singapore market a bubble. Rather polite, don't you think?
No comments:
Post a Comment