26 Jan '15, 11pm

Home prices unlikely to “collapse” as possible election looms

“We believe that the government is perhaps more unlikely to “compromise” the wealth of its population, ahead of an election as sentiment and confidence in the government is a key factor in any election. We also highlight that in Singapore, the largest land owner would be the government. Therefore, any meaningful correction driven by an oversupply may have a negative impact on the people’s perception of the government,” noted the report.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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Food for thought...

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“We believe that the government is perhaps more unlikely to “compromise” the wealth of its population, ahead of an electio...

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