If you look at the chart above, i think we can see a "bubble" forming in the industrial zone! Due to the series of cooling measures aimed at the residential market, property investors and speculators are piling into the industrial office arena! Many developers are offering "shoebox" industrial space to feed the appetite of these investors! This is really unhealthy and unsustainable. You can see the prices of industrial factory on a steep upward climb! If this continues unabated, i think investors who speculate in such property types will be burnt eventually. The only good 'sign' is that prices of office and shop units continue to remain stable. As for our residential property, it looked like it is going to resume its uptrend! Let's take a more detailed look at the various residential housing types for a more granular look.
If you looked at the chart above, it seemed like prices have increased across all residential types! I am not sure what kind of new measures the government is going to implement next but it seemed inevitable that Rounds 7,8,9 and 10 are on its way. The post on Round 6 of cooling measure is here. The government has an unenviable task of cooling the market without trying to kill it. I truly pity those couples who are trying to get married and do not qualify for a flat (or what is commonly known as the "sandwich class"). It is a case of not "poor" enough to qualify for a flat but not too rich either to buy a private property without getting into a huge mountain of debt!
Are you one of those who are in the sandwich class or are you one of those still waiting on the sideline? Perhaps you can share with us your thoughts on what kind of cooling measures you would like to see being implemented.
