By Andrew Batt:
Opinion is divided as to whether the latest round of property cooling measures in Singapore will have the desired effect of “ensuring a stable and sustainable property market".
Some analysts are predicting a slowing of both transactions and prices, while others believe that some of the newly-introduced package of measures will have little impact.
Today we’re asking our readers to tell us what they would do to cool the market?
Do you think the government should have increased the tax on sellers of residential properties to discourage speculation?
Should they have introduced measures in the commercial market?
Perhaps, as in many overseas markets, conditions for overseas ownership of properties could be further tightened?
Tell us your views by commenting on this story or by emailing our editorial team at editor@propertyguru.com.sg. Please specify your chosen measure, what you think it will achieve and the possible risks.
Andrew Batt, International Group Editor of PropertyGuru, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
Related Stories:
Singapore cooling: Khaw grilled over EC scheme
New cooling measures for Singapore
Pasir Ris residents oppose plan to build school on forest grounds