Why Understanding The Supply Charts of Private Residential Units Is So Important
Why the sudden tweak of the SSD from 4 years to 3 years?
This is my opinion – when the year 2020 comes, the property supply will actually reach the lowest point.
Those who purchased in 2016 will be able to sell in 2020. (4-year SSD).
While those who purchased in 2017, will be able to sell in 2020. (3-year SSD)
And the main reason why the SSD was tweaked was to ensure that the supply of units eligible for sale (without SSD) would be increased – instead of the possible 6,315 units available.
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