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To me, this is Govt telling us
"Expect economy to be bad, we are not penalising you if you sell your investment property (2nd or more property onwards), or if you wana downgrade to grace yourself for possible recession. But if you wana re-enter the market after selling, think twice, think about the supply coming up in the next two years, think about the increasing interest rates."
Gd thing is they also plugged the loopholes for developers to sell off remaining units before deadline cheaply, so we should see property prices that are more reflective, rather than the current "fake" transaction prices fueled by discounts.
What I cannot understand is, with what I speculate above, how come their share prices still surges...
"Expect economy to be bad, we are not penalising you if you sell your investment property (2nd or more property onwards), or if you wana downgrade to grace yourself for possible recession. But if you wana re-enter the market after selling, think twice, think about the supply coming up in the next two years, think about the increasing interest rates."
Gd thing is they also plugged the loopholes for developers to sell off remaining units before deadline cheaply, so we should see property prices that are more reflective, rather than the current "fake" transaction prices fueled by discounts.
What I cannot understand is, with what I speculate above, how come their share prices still surges...