CDL, UOL Could Be Most Adversely Affected By New Property Cooling Measures Among Developers: CGS-CIMB

The Edge Singapore2023-04-27

CGS-CIMB Research is currently reviewing its “overweight” recommendation on the property sector, following new cooling measures introduced by the government.Although developers are trading at ...

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Comments

  • 666huat666
    2023-04-27
    666huat666
    Thats a good things to cool down Singapore hot booming property market to healthy level ..👍
  • HLPA
    2023-04-27
    HLPA
    I do not think the new measures would cause a huge drop in CDL and UOL prices. Perhaps intially when the herd mentality causes holders to worry or panic and unload their holdings. From experience, any new measures woild become dissipated in time and prices start rollinh back in as property prices continue to climb as demand picks up again. For locals, higher incomes reult in families wanting to own their private property and invest in a second or third one. ABSD or not, this tax amount woild be factored into the selling price, hence investors usually do not worry that much. The property curve is always moving upwards with higher highs and lower lows. Thiry years ago I would never have imagined my hoise will ever fetch 6 million and yet it now has surpassed it. Propery imvesting is a long t
    • Meow3: 
      The cooling measures will trim investment demand
    • henghm: 
      like
    • JohnnyYoung: 

      Let’s just be patient and wait!

    • ChrisColeman: 

      Jeez shorts, poor effort on your part! Do or at least say something to help your case! This is pathetic!

    • lyj1999: 
      oo
  • Sharkie
    2023-04-27
    Sharkie
    How much does the new cooling measure affects the banks ? 
  • icycrystal
    2023-04-27
    icycrystal
    Thanks for sharing
  • Elly cat
    2023-04-27
    Elly cat
    Great ariticle, would you like to share it?
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