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...
Show flats were packed the day after the Oct 5 announcement, with prospective...
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.
ReplyDelete