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Tuesday 5 March 2013

Another round of cooling measure coming up?

With the latest news of China implementing another round of cooling measures over the weekend, I can't help but think that there may be a similar one coming up soon by our government before the end of this week in anticipation of more hot money flowing in Singapore.
My gut feel tells me that it may be a tweak to the most recent round of cooling measures.
Maybe it will have something to do with putting a limit onto the Mortgage Servicing Ratio (MSR) for private residential property loans since the cap has been lowered for HDB loans.
Only time will tell if my fears will come true.

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