Stock or property?

My friend has just came back from his Singapore visit and brought back a word, Singaporean's buying power really si beh gao lak. To give you a picture, people que to buy LV Loius Vuition and Prada. That's truly beyond my imagination. His Malaysian turned Singaporean friend told him 'where got recession'... Well, actually there are some similarities in Malaysia, actually still see the same number of crowd in shopping mall, although in term of salary one does feel the pinch last year (with either no increment, pay cut, or forced leave). Compared to 1998 when i was still not working, that crisis the effect i actually couldn't feel at all. Conclusion from here, asian still loves to shop, and still have money to shop. So, the retailers, who have seen their stock price drop, should see bright days ahead.
My friend got another word from his friend, that rich people buy property and poor people buy stock. To be fair, investing in property, to be in lesser risk, does need the investor to be cash rich. Otherwise, you expose yourself to leveraging. I have a rich relatives, she buys property but she also buy stock. So i wouldn't say that saying that my friend got is true. Conclusion, there are many roads to ROME. Just stick to your own liking.