Salary.sg Forums - View Single Post - Property Agents make A LOT of Money
View Single Post
  #204 (permalink)  
Old 26-02-2014, 09:32 PM
cslee cslee is offline
Super Member
 
Join Date: Dec 2011
Posts: 231
cslee is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Lol, the most convenient escape clause - "matter of time". But you already set a date - Dec 2015.

Actually if the gahmen had not stepped in with so many CM and the TDSR and MSR, and bumping up the HDB supply, the chances of a real bubble bursting would have been higher. Now it may never happen.

With the measures, they have sieved out speculators, they also can relax/remove the measures when required. As for the large numbers of HDB flats coming on stream, the gahmen can well afford to leave them unsold. No 99 years limit applies when not sold.

Actually I foresee another scenario happening. With the huge investment in infra and housing, the gahmen may positioning for more foreigners to come in. The population will soon wise up to the fact that a small indigenous population simply cannot keep the economy going. They will be the ones clamoring the gahmen to bring more foreigners in.
I din say end 2015 is the date but it should be the clear turning point for all to see by then. Don't forget when our next GE is. What do you think of the chance of SG gov letting in more foreigners? Furthermore, given more opportunities in recovering US/Europe, you think those rich foreigners still interested in SG?
Reply With Quote