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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 27-02-2015, 03:40 PM
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Thumbs up Property cooling measures could lead to unintended downward price spiral if not moder

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE - Singapore is on the declining limb of the property cycle, and looming supply is likely to bring home vacancy rate to a record high, said Redas president Augustine Tan on Friday.
He noted that vacancy rate at the end of last year is close to 8 per cent, or 24,000 units.
It is an increase of 54 per cent over the vacant stock in 1998 when the vacancy rate last peaked at 9 per cent.
However, total stock rose almost 80 per cent during the same period and is at almost 309,000 units.


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