Originally Posted by
august
MAS hinting cooling measures of some form imminent.
Definitely not true. It might even mean relaxing of some cooling measures soon to boost tax collections, and to warn borderline buyers against "excessive" exuberance, while giving first time buyers final call.
But most likely, it means that the government will not do anything if people choose to be excessively exuberant, as the "supply" is believed to be sufficient to cope with the price rise.
The only thing I know is that there is no government that will openly ask its people to buy. It's forever about caution, and for one to bear his/her own risks. If you gain buying with governmental encouragements, would you share with the government? If you lose because government said its a good time to buy, what would you do? So, the politically correct answer is as always, buy within means, don't be excessively exuberant, even though economy is doing well, everybody's salary is increasing, the property market has trended down for years while comparable markets have spiked.
Be prudent, but not complacent.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.