Developers have been overstating the sales results of their new projects after last July’s new cooling measures. The situation became out of control in the 4th quarter of 2018. When Credit Suisse published the report “Developer pre-sales: more than meets the eye”, the trick was exposed and the truth was finally out.
In this episode, we will discuss what caused the deflation of Singapore’s private home market.
1) Who deflated the credibility of property news and data?
2) Who deflated the market recovery of the private home market?
Who should take the blame – the developers, property agencies, the analysts, the government authority, or other stakeholders? Let’s find out in this video.
You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your mobile, ensure that the “Caption” function is on. If you are on your desktop, turn on the