Asked by Anonymous
Why is there a need to have property cooling measures in Singapore?
188 views
3 Answers
Hi,
The resilience that we are witnessing in today's market, is a result of the many rounds of cooling measure put up over the past decade. Without these measures in place to curb speculation, Singapore property market landscape will not be so stable today. This stability is what attracts foreign investors, and the reason why Singapore is one of the top destination for property investment.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
The resilience that we are witnessing in today's market, is a result of the many rounds of cooling measure put up over the past decade. Without these measures in place to curb speculation, Singapore property market landscape will not be so stable today. This stability is what attracts foreign investors, and the reason why Singapore is one of the top destination for property investment.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Hi,
1) Cooling measure is nothing new to the property. It is a tool to stabilize and reduce speculation on the property market.
2) The first to suffer from not introducing effective cooling measures is Japan, which happened in the late '80s.
3) Lots of hot money flew into the market and withdrawn once they made their profit. Japan suffered the depreciation of property till today.
4) On the out-front, it is said to keep the property to be affordable to residents. But all of us aware that it is never easy to purchase your first home, even more, to invest in property.
5) If you look into the detail of the cooling measure, you will find that ABSD is heavier for foreigners and registered companies. This is to ensure history does not repeat here. We welcome investment but not speculations.
6) Having said that, you noticed there is still ~5% purchaser of the private property consists of a foreigner or registered company. These are genuine investors who believed in long-term investment and not speculation.
If you are interested to know more, we could meet up for coffee!!!
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) Cooling measure is nothing new to the property. It is a tool to stabilize and reduce speculation on the property market.
2) The first to suffer from not introducing effective cooling measures is Japan, which happened in the late '80s.
3) Lots of hot money flew into the market and withdrawn once they made their profit. Japan suffered the depreciation of property till today.
4) On the out-front, it is said to keep the property to be affordable to residents. But all of us aware that it is never easy to purchase your first home, even more, to invest in property.
5) If you look into the detail of the cooling measure, you will find that ABSD is heavier for foreigners and registered companies. This is to ensure history does not repeat here. We welcome investment but not speculations.
6) Having said that, you noticed there is still ~5% purchaser of the private property consists of a foreigner or registered company. These are genuine investors who believed in long-term investment and not speculation.
If you are interested to know more, we could meet up for coffee!!!
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636 , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
WhatsApp me at: ABLE Toh (65) 9856-9255
or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
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NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255 or email me at Able.selling@gmail.com.
***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255
FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!
NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More