31 Mar '16, 2am

REALLY!!? Don't think so... #Singapore govt. may still relax property curbs this year #propertynews

Wise developer with remaining unsold units would be the first one to take the pain and give a 15% discount to sell off its unit and keep the money in the bank to save its bank loan interest or earn bank interest then be the last one to suffer a slow and painful losses. The govt would not act to remove property curbs unless its prices come down by what ever means so developers better to self reduce prices than wait for the global financial crisis to force them to reduce prices as it would only mess up your financial statement further.

Full article: http://www.propertyguru.com.sg/en/property-management-new...

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