[agentkhoo]

Hi Damien, yes cost of construction has gone up, but that is a global issue, because of raw material like sand, iron and steel needed. THat constitutes the main cost increase. The increase in costs are not very much influenced by manpower costs.

We are all suffering because of the spurt of growth in China, India and UAE, who are building mega-structures as if they had money on tap. The oil price hike has a dramatic effect on the production of steel as well as transportation of these raw materials.

But its a safe environment for investment, there's transparency as well.
Singapore is one place where laws are transparent, proceedures are transparent. And if the government departments are not customer service oriented - you can complain officially and un-officially).