Cooling Measures will remain? Prices crash? Impact is minimum

Why Cooling Measures will remain? Why property prices won’t crash?

Actually, the impact is kept to minimum.

The article gives us some insights or critical factors that continue to draw immense interest to local property markets even during the #COVID19 pandemic.

When the first ABSD was introduced at the end of 2011, the economy grew 40% vs private home prices only grew 4.2%/Y (from the year of 2011 to 2019) thanks to the cooling measures. Affordability has grown due to higher wages, moderated prices & low interest rates.

Without the cooling measures, we cannot keep our Competitiveness in the world. The prices would have been 22% higher than they are now! Buy now or after the recovery, call us for free before your decisions.

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