Experts warn of maximum impact.
Experts said that prices hitting all time high in 4Q12 apparently triggered the introduction of the latest cooling measures last January 13. The rising property prices in Singapore, which has fuelled inflationary pressures, were so much a concern they said, as they could cause long-term structural problems to the economy if left unresolved.
Knight Frank even tagged the seventh cooling measures as the 'most severe' and 'most encompassing' that we have seen from the government to date after six earlier rounds.
See how the latest set of property measures are expected to impact on industry players from the infographic shown at the right.
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