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Virgo, are you talking about the HDB flats :-o) yes I visit Singapore regularly on my way back to Indonesia, the property price in there is crazy high, because of their land size.

yes for sure, but if you need to get one more it doesn't sounds good (-_-)"

Exactly yes, so my initial correlation in mind is that: Higher AUD$ means more imports of cheaper stuff --> combined with Higher salary means more pocket money --> people buy more items and have more kids --> need bigger house --> housing demand rising.

many thanks mate for all of your responses and explanation, I appreciate that. initially, my conclusion is that because of the more people coming into Sydney rather than any other city, plus the FHOG last year which also jack up the housing prices as well.

Hi Everyone, I am wondering what reason or factor that makes the housing or property always increasing in price especially in Sydney ? Feel free to discuss here ;-)