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#1
27-02-2015, 03:40 PM
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Property cooling measures could lead to unintended downward price spiral if not moder
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE - Singapore is on the declining limb of the property cycle, and looming supply is likely to bring home vacancy rate to a record high, said Redas president Augustine Tan on Friday. He noted that vacancy rate at the end of last year is close to 8 per cent, or 24,000 units. It is an increase of 54 per cent over the vacant stock in 1998 when the vacancy rate last peaked at 9 per cent. However, total stock rose almost 80 per cent during the same period and is at almost 309,000 units. Click here to view the whole thread at www.sammyboy.com. 
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