Investment clubs thrive in rising property market

AN author and property seminar speaker who declined to be named says property investment clubs thrive in a rising property market. They have been rather quiet this year compared to the flurry of activities the last two to three years because developer’s cost is going up, which results in prices going up too, but not as steeply as before.

“It could also be the general election but I can say there is a pent-up demand building up the last three months. Even foreigners will be coming into the market when things get clearer (after the general election),” he says.