The government just announced two new MRT lines to be built by 2030. By then, 80 percent of households in Singapore will be a 10-minute walk to any station. For the convenience of residents traveling in the small island, the initiative should be applauded. This is what a comprehensive public transportation system should be like in a modern city like Singapore. Wait, for … [Read more...]
Who are affected by the new property cooling measures? (with graphics)
Someone told me that my last post was quoted at Singapore Business Review. Maybe I should consider having some graphics for my future posts. … [Read more...]
Who are affected by the new property cooling measures?
The objective of the comprehensive package of property cooling measures, according to the government, is "to ensure a stable and sustainable property market". Government intervention can definitely delay the onset of a bubble burst, making the market 'sustainable' for the time being. As for 'stable', I don't think this is what investors/speculators or real users want. … [Read more...]
The timing of the 7th round property cooling measures
The embracive property cooling measures that introduced last Friday on January 11 cover almost all aspects of the property market, including HDBs, ECs, private residential and industrial properties. To be fair, the government also makes it a point not to miss out any segment of buyers, namely Singaporeans and non-citizens; individuals and companies; 1st time and subsequent … [Read more...]
Property cooling measures – any more to come?
Hey, it's Friday. TGIF! Wait, it's Friday again. Will the government announce any new measures today to cool the property market? More than once, Friday has being picked for reporting such 'exciting' news. New policies mentioned today are likely to be made effective tomorrow, before everyone have a 'nice' weekend. For many who have a stake in the industry – be it … [Read more...]