Can Singapore’s red-hot property market be cooled?
Deep Dive
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Is the H3 a Spirale of Higher Prices?
The problem of affordability is fundamentally to do with how the new flats are priced. It's just that now we don't know what is the percentage discount. I don't see how prices of the HDB flat could come down. Besides, if you come down radically, you will write down a huge chunk of the national reserve.
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