24 Jan '13, 6am

Cooling measures need not be so ‘blunt’

"GuocoLand, which focuses mainly on the top end of the market, also feels that the Government should pay less attention to the private sector. “It should concentrate on its role of providing affordable housing for the masses. It already caters to more than 80 per cent of the population compared with Hong Kong, where the public sector is less than 50 per cent,” said Mr Cheng." If you live in public housing and you aspire to own private property so your family can enjoy the facilities and comfort that come with it, you would want the government to help you realise your dream. That is the difference b/t Singapore and Hongkong and what works for them need not automatically work for us. If we adopt a laissez-faire system, then there will be many who will not realise this dream as foreign money will make a major sweep of private properties here. Such a policy will only benefit d...

Full article: http://forums.condosingapore.com/showthread.php?p=361148#...

GuocoLand: Cooling measures need not be so &#39...

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GuocoLand: Cooling measures need not be so &#39...

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Full story on new property cooling measures here:

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