Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: view at kismis floor plan


Guru

Status: Offline
Posts: 507
Date:
view at kismis floor plan
Permalink  
 


In Singapore, the property cooling measures adopted by the Government in 2009-2013 are considered by economists "macroprudential measures," because of their assistance in containing the property market bubble. The Singaporean Government showed real intrepidity by refusing to instate less drastic measures, such as interest rate increases, which, according to MAS Managing Director Ravi Menon, would have led to an inability to deal with the financial vulnerability arising from the large expansion of global liquidity since 2008, which resulted in increasing asset prices and huge capital inflows in Singapore's economy. Menon made this statement at the inaugural Asian Monetary Policy Forum.

There is a large variety of cooling measures that have had view at kismis floor plan a great impact on Singapore's residential property market since their application, and some of the most important ones are: 14 September, 2009. The Interest Absorption Scheme is provided at project launches by property developers and banks, and allows deferment of the bulk of the purchase price until the TOP (Temporary Occupation Permit) of the project. This scheme, together with the interest-only housing loans, was dismissed in the case of all private properties as a cooling measure.



__________________
cooler freezer
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard