This is something funny that just happened. A colleague was saying out loud that there is a big chill in Europe. Another colleague asked if they were also having cooling measures in Europe? This shows how, after seven rounds, "cooling measures" as a phrase has become significantly entrenched in the minds of Singaporeans. As people in Europe experience heavy snow and blizzards far away from us in Singapore, we are experiencing chills in the form of property cooling measures. About ten months ago, I wondered in a blog post if there would be more cooling measures and if they would extend to industrial properties. I also opined that developers would probably be offering more discounts in time to come. At that time, many friends were still very optimistic about the property market. Well, the government has not disappointed. Neither have the developers. Would we see a round 8? The number 8 ......