And so, at 10pm on the 6th of May 2020, finally, some much awaited good news came in for the property market.

Amidst the generous support packages for our worst hit industries like the airlines, retail and hospitality industry, and the generous packages given out to Singaporeans and PRs to tide through these times, real estate industry stakeholders have been eagerly waiting with bated breath for the words to be spoken.

For it is expected. And would have been unreasonable had it not been. 

That the real estate market, where perhaps tens of thousands of locals are employed in, would be the next industry in need of a rescue.

Big brother Wong has swooped in with temporary relief measures that is just sufficient at this point in time; what the market needs and not too little or too much. 

With the past 2