Khaw BW Being Dictated to By Industry Bigwigs

[Loofydralb]

http://www.4-traders.com/CAPITALAND-...-Now-14404134/

Southeast Asia's largest developer by market value, doesn't expect any fresh government intervention in Singapore's residential-property market for now, despite the recent rise in home prices here, an executive said Monday.

"I think it's unlikely [for the government to introduce fresh market-cooling measures] because the increase [in prices] is not exorbitant," Wong Heang Fine, chief executive of CapitaLand's Singapore residential arm, told reporters. "It's only a slight increase--it shows that the market has stabilized, and it now reflects genuine [housing] demand."

In the second quarter, prices of private homes in Singapore rose 0.4% from the first quarter to hit a fresh peak, reversing a short-lived decline in the previous three months, government estimates showed last week. Prices had eased 0.1% in the first quarter--the first price drop since the second quarter of 2009.

"The residential market is quite resilient because of a few factors--there's good economic growth and very good employment; there's very low interest rates...and high liquidity," Mr. Wong said.

"If all these factors remain in place, Singapore's property market will continue to be resilient and stable," Mr. Wong added.




So the big question is, who exactly is the Minister in charge of housing. It looks its Mr Wong is and KBW is a dunce.

Can't KBW see that property is inflating? Or is he shiverring scared of the threats by industry chiefs.

"You make more Cooling Measure announcements without consulting us, we will sabo you make sure it crashes and we'll put the blame on you."

[hairylee]

All politicians are dictated by someone.
LKY is dictated by international interest. Why do you think we could afford to have two casinos built on this small island.
Adelson looks after Zionist interest only.
Khaw interest is purely local.
You go figure out.

[po2wq]

... So the big question is, who exactly is the Minister in charge of housing. It looks its Mr Wong is and KBW is a dunce.

Can't KBW see that property is inflating? Or is he shiverring scared of the threats by industry chiefs ...

dat scum burger yaya papaya tot he dam capable n purposely ask 4 ze pot folio sum mor ...

[laksaboy]

It's business as usual in Singapore Inc.

You'll expect the same nonsense in every industry and sector: housing, transport, military etc.

[johnny333]

Long time since Spore has had a gov't

It's now all about $$$$. Don't underestimate Khaw or anyone in the PAP. They are ALL bizessmen & (legalised)crooks. He's probably got a piece of the action & making extra $$$ on the side

[Prometheus888]

What???!!! Burst the bubble and undermine all the huge property portfolios of all the leaders of this country?

Their Ponzi scheme can NEVER be undemined....besides a high priced property market just entrenches the sense of inevitability of the current high prices and adds a new "normal" to the already inflated prices... that way when the (fresh) young sinkies or the rest of the dumbass 60.1 sheep sink in their life's savings into acquiring a (or another) property (which they dont really own in the first place) and an external event comes along to cause a right and proper crash... all these bladdy fool sinkies will guaiguai stay out in the little dot and have nowhere to go but to work out the wages of their slavehood....


hahahaha

WAKE up!!!

[Loofydralb]

This is a failure of the PAP govt.

There are policy directions that can be implemented to ensure equitable and affordable housing for the masses.

The current policies seem to be setting a trap for citizens to be lifelong slaves. Trust a Malaysian to set up national policy and you end up with Malaysian system. Duh.

I don't understand why ppl say KBW is better than MBT. As time goes on, I think KBW is performing worse due to the fact that he has the benefit of MBT's hindsight but still unable to do a proper job.

[wMulew]

"The residential market is quite resilient because of a few factors--there's good economic growth and very good employment; there's very low interest rates...and high liquidity," Mr. Wong said.

This one statement summaries how well PAP is leading the country and the rest of you idiots have no idea what you are talking about