04-08-2016, 02:27 PM
First that Broker says sales come down due to extra tax, and then say foreigner only 10%.
If foreigner impact is little, then why sales come down leh ?
Property is quite inelastic. Foreigner speculation can ramp up prices.
That's why sinkie gov smart to apply ABSD on foreigners.
http://www.straitstimes.com/business/for...tion-plans
link
Cory
If foreigner impact is little, then why sales come down leh ?
Property is quite inelastic. Foreigner speculation can ramp up prices.
That's why sinkie gov smart to apply ABSD on foreigners.
http://www.straitstimes.com/business/for...tion-plans
link
Cory