08 Dec '11, 9am

Thoughts On Current Environment

Thoughts On Current Environment

It is quite expected of the government to come up with additional property cooling measures as i have said before that property is a public good and any additional meaningful upside in price will be capped. I must say that this recent measure of taxing foreigners the additional 10% stamp duty is a very good and well thought of move by the government. I applaud them and must say they are really responding well to the recent results of the general election. I feel that this move tackles both the issues of foreign competition and also the laments of the young generation of aspiring homeowners. Good Job. So how well will property fare in the coming years?

Full article: http://thefinance.sg/2011/12/08/thoughts-on-current-envir...

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