Reliable $1 Web Hosting by 3iX

Wednesday, September 8, 2010

ST Forum : Get this

Sep 6, 2010

Get this

'Many Singaporeans are yet to have their first HDB flats, let alone dream of having a second property as investment.' /p>

MR PHILIP SOH: 'I refer to Saturday's letter ('Property: Nothing wrong in having it both ways'). Many Singaporeans are yet to have their first HDB flats, let alone dream of owning a second property as investment. It cannot be our nation's priority to help some achieve future economic gains at the expense of young couples who are waiting for a flat of their own to grow a family.'



Right step

'If the measures work, property prices would come down, making those 'dream homes' more within our reach.'

MR STEFFEN TOH: 'The 30 per cent down payment rule for the purchase of a second property effectively ensures that buyers have sounder fundamentals before they make that commitment. With interest rates currently very low, the danger of Singaporeans over-stretching themselves is very real. If the measures work as they are intended to, property prices would stabilise and possibly even come down, making those 'dream homes' more within our reach.'

No comments:

Post a Comment

Pre-development Land Investing

In business for over 30 years, success in providing real estate investment opportunities to clients around the world is a simple, yet effective separation of roles and responsibilites. The four pillars of strength guide the land from the research and acquisition, through to the exit, including the distribution of proceeds to our clients ......


To know more how this is really work for you and your clients....

Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com