Government caps tenure of residential loans at 35 years

[ken]

After 11.00 pm, go downstairs take a walk, you will know the real situation. (not valid for condo. residents).

[pianist]

will this news cause more elderly property investors pour their money into the stock market?

this week we already see long queues of gold buyers at the UOB treasury outlet

[freedom]

After 11.00 pm, go downstairs take a walk, you will know the real situation. (not valid for condo. residents).

seriously, you count them as the demand of housing?

[ken]

No. These people got no money, so no demand.


The demand will come from the rich.

[freedom]

the demand of "a roof over the head" is well protected by the increased supply of BTO.

the investment demand of the rich is not damaged anyway.

only the speculative demand would be curbed.

a healthy property market should be like this.

[Share Investor]

This latest measure will take away those with income that could not service a loan shorter than 35 years. This group of people should not be looking at investment property in the first place. Better for them to invest in REIT!

[freedom]

This latest measure will take away those with income that could not service a loan shorter than 35 years. This group of people should not be looking at investment property in the first place. Better for them to invest in REIT!

also those who can't afford a private property, but buying anyway...

[corydorus]

This latest measure will take away those with income that could not service a loan shorter than 35 years. This group of people should not be looking at investment property in the first place. Better for them to invest in REIT!

also those who can't afford a private property, but buying anyway...

Frankly if the intent is to curb risk, that's fine. However if the goal is to drive the property price higher, than we are making the elite richer while holding back those not-so-rich.

Time will tell.