Monday, January 24, 2011

Singapore Property/Market

A recent survey of Propwise.sg subscribers showed that most of the 269 respondents (66 percent) believed that the fourth set of real estate cooling measures announced by the government are harsh enough to prevent the worsening or formation of a bubble in the Singapore property market.

Most of the respondents also believed that real estate prices will go down or stay flat this year, due to the measures. Many also expect that the new measures would seriously restrict the buying pool to new home buyers.
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