Our core inflation remains low compared to other countries, but property developers must still price new launches according to previously committed land prices. While foreign investment provides strong support, Singapore relies on its population for economic growth. With an aging population, the government has committed infrastructure to support future population increases. Cooling measures are intended to slow, not stop, the property market from overheating. History shows that each cooling cycle leads to a new higher peak. The latest measures aim to reduce million-dollar HDB flats and ensure prudence as interest rates rise.

1. Let's take a look on the inflation
Our core inflation is still low in comparison to a lot of other countries.

7. Take a look at the breakeven prices that developer have to
price their sale of the upcoming new launches in
accordance to the prices which they had committed for the
purchase.

10. 5 Strong support that will ensure the continuance inflow
of foreign investors/investment.

16. One of the most detrimental factor that will affect a
country's GDP is the ageing population. Without natural
resources we are reliant on humans.

19. Along with the charts, data and the speech by PM Lee.
What do you think the government will do ?

20. Remember the White paper? That came to a pause due to
anti-immigrant sentiments
These are the infrastructures which the government has
committed to ensure substainability for the increase of
population.

26. Boosting tourism through the VTL is a factor to revive
the economy but looking at the chart below, is that the
primary reason?

27. Take note of the Nominal Value which contributes the
highest value in the Enterprise Landscape. Look at the
majority of the ownership. This is a very clear indication of
increase of foreign investors/investment in terms of $ into
Singapore.

31. Since 3% of private housing is transacted over the past 2 years and
with the above stats, am I right to assume that it's the high end
properties to super high end properties are the ones being
consumed by the foreigners while majority of the mass market
properties are supported by local?
Below are properties located OCR aka Mass market
properties.

34. Latest Cooling Measure

35. How would it affect the future prices? Let's take a look
at history

36. As shown in history of all the "C" = Cooling measures. The
next peak will always be higher then the previous peak!
What the government wants on this latest round of cooling
measure on 29th September is to reduce the emergency of
more Million dollar HDB flats , to prevent HDB from
becoming more expensive and to ensure that the masses
are prudent as the interest rates are rising.
With all the news , statistics and data provided. I believe we
can draw a conclusion on where the market will be heading
in the near future. Cooling measures as the term refers to, is
to cool the market and not to kill it. With the expertise of
scholars working in various government sectors , if they

37. Stanley Wong
CEA NO. : R006066Z
My passion in life is my family, photography and real estate. With my passion I am able to set the right directions towards my goals. I always
remember the following quote by the infamous Ansel Adams.. "“There are always two people in every picture: the photographer and the
viewer.
” To me, the above apply to all aspects in life, there is always two points of view , This helps me make a better judgement in all that I
do. Being a member of Singapore’s Institue Of Estate Agent and National Association of REALTORS (USA), I am also one of the only realtors
in Singapore to be certified in CEHA and has been awarded by NARS with the title of CIPS (Certified International Property Specialist). In my
real estate career, I truly believe in upholding the image of the real estate business and bring it up a level of unprecedented professionalism
with my dedication, loyalty, commitment and resourcefulness. If you have any enquires on sales or rental of commercial, industrial or
residential properties please kindly contact me and it will be my pleasure to offer you my insights on the property market.
Disclaimer:
PropNex Realty Pte Ltd or its salespersons will not be responsible for any errors or omissions or for the results obtained from the use of
this information. All information is provided with no guarantee of accuracy. If in doubt, kindly seek appropriate advice from your financial
advisors or bankers before you make any property investment decision.
"sense" a downturn, will this cooling measure be in place? A
wait and see approach will be adopted by many however
the direction of the market is only headed one direction.
And which do you think it will be?