Parc canberra showflat

Information may not be reliable

For this latest round of measures, it is too early to gauge the effectiveness of the SSD. Less than one quarter has passed since. Senior manager, consultancy and research, Alice Tan, at Knight Frank said that at least two quarters are needed before the impact of the SSD on prices and sales can be ascertained.

The observed lower demand could be parc canberra showflat due to a knee-jerk reaction from buyers and the approaching Chinese New Year then, noted Tan Boon Leong, executive director of industrial services at Colliers International.

According to DTZ's Ms Lee, SSD may have limited impact since it will not be a deterrent for owner-occupiers, Reits or developers with a long term view. Moreover, the cooling measures in the residential market will drive buyers to the commercial and industrial segments. Still, price growth is expected to slow due to the regulation imposed by the Urban Redevelopment Authority on non-qualifying users, which could affect rental income.