MAS managing director said property prices are under control
#1

Quote:“When a large sum of money comes into any country, you should be worried about it,” MAS managing director Ravi Menon said in an interview with Bloomberg Television’s Haslinda Amin. One such concern is flowing into the property market driving up prices. Rather than blocking money coming in, the regulator has imposed measures on the real estate sector to prevent overheating. “We’ve got that under control,” he said.
https://www.businesstimes.com.sg/governm...8b-in-2021
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#2

No wonder property prices never drop

Laughing
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#3

He himself must have bought a few private properties. Why would he do things that lower their prices?
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#4

Interesting topics
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#5

Now due to the 15 month rule, rental price keep increasing. So rich ppl will buy again to rent out to make more money from other's livelihood saving.Yong couple will have harder time to buy and rent expensive houses in the near future.
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#6

Your children and your children’s children will have a hard time buying a flat if they dont have very rich partners or multimillion parents.

Laughing
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#7

2014 :  Rotfl

https://www.todayonline.com/business/pro...ys-tharman
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#8

until the rates starts filtering down. now still cheap mortgages right? when it hit 5% or 6% i wanna see they will say what.
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#9

(03-11-2022, 12:30 PM)sogo Wrote:  until the rates starts filtering down. now still cheap mortgages right? when it hit 5% or 6% i wanna see they will say what.
Foreign buyers term cash
No loan is required.
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#10

(03-11-2022, 12:47 PM)Oasis Wrote:  Foreign buyers term cash
No loan is required.



foreign buyers will fry up hdb? no right? so still limited to high end properties.

other foreigners that bought those mass market condos and hdbs are still depending on loads.
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#11

House so expensive how you expect people to buy
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#12

Come out in the news means they are really worry. Big Grin

Prepare for property price correction.
Rate hike is unstoppable.

没人敢讲真话!

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#13

Good job! They control in such a way the super rich doesn't feel the pain and the rest below cannot bargain.
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#14

they are never wrong lah

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#15

Smile actually you look how US property go now is SG Future.
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