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view at kismis floor plan

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.

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