By Gerald Tay (Guest Contributor)

After seven cooling measures and now another “shadow” one again, I think many of us are already immune by now, “Another one again! When’s the next one?” From my previous writings, I’ve mentioned we do not need a rocket scientist brain to comprehend how hot we are in the property market cycle with so many cooling measures from the government.

As for the magic question “To buy or not to buy now”, you should have known by now (I hope you do) that if you are going to buy any property today, you will be paying very expensively. Unless you do really know how to create value despite the high price you paid for, or you’re drowning in cash, buying just about any property today is like trying to walk across a field of landmines without getting a leg blown off.

Poor returns for ...