If you have spoken with your Australian friends, they will tell you to take all this news with a pinch of salt. I've heard very often people say Melbourne is oversupplied. But the rental is very healthy and the projection really shows there is a shortage of homes in decades to come!
Sydney home prices have rose steadily over the years. Just because there is a slight drop in buyers now people are saying OH NO, a bubble may be coming!
Such news is just to sensationalize the issue. Nobody would buy papers to read if the headline always states "Australian properties are thriving".
Not saying that properties in Australia won't suffer. But when that happens, I'd say even properties in SG or elsewhere in the world would likely also be affected. In other words, we could be facing some form of economic crisis.
If I should place my bet, I'd say it is more likely Iskandar properties will suffer a lot come 2017/19 when literally thousands of new projects are completed. We will likely see a surge in vacant units, lack of rental and buyers could be abandoning their properties by then at loss.
