Friday, October 26, 2012

Cooling measures in danger of losing credibility

Although it is still early days, many property market watchers are coming to the conclusion that the latest round of Government cooling measures - curbing the tenures of home loans - is having little or no impact.
Some have described them as "very disappointing". Even the knee-jerk reaction that accompanied the previous rounds of cooling measures was missing.
Show flats were packed the day after the Oct 5 announcement, with prospective...

1 comment:

michael13 said...

The so-called 'cooling measures' is never aimed to be effective. In Singapore, only the members of 'elites club' can afford to own many properties. Our elected-government takes good care of them.

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