Quote:
Originally Posted by Unregistered
Sg govt has more control on property market
They will cancel ABSD and other taxes.
Sg govt always supports prop prices in sg.
Prop is heart and soul of sg economy.
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But in 1997, I heard there was a property peak then downturn in prices for about 10 years.
Prices of property does go up and down. After 2013 to 2018, my terrace house value did go down from S$1.8 mil to S$1.5 then back to $s1.8 mil wjen I sold.
So it is not an upward trajectory all the way.