It has been a month since the introduction of the new cooling measures. In this episode, we will check the impact of higher ABSD and lower loan-to-value on the property market. 1. New Launch What are we seeing in the new launch market and what is going to happen next? 2. Collective Sale Market What is happening in the collective sale market and what are owners … [Read more...]
How easy is it for Singaporeans to fall victim to herd mentality?
We were waiting for the lift in a shopping mall. Only two lifts were in service for the whole building, including the top few parking levels. More people joined us after they parked their cars. Two families moved next to us. Another three groups stood right behind. The lift on the right was full after it reached the fourth storey. Instead of continuing to go up, it … [Read more...]