Which Performs Better, Real Estate Or Stocks? The Answer Might Surprise You

[soros]

The exchange rate at 31 Dec 2016 was USD= 1.44 SGD. But in 1980 , the exchange rate was approx USD= 2.2 SGD.

So I think the real appreciation in Singapore property is 837% x 2.2 /1.44 = 1278% .