Property buyers wary of govt move

Posted on | August 14, 2010

By BUSINESS TIMES

SOME 40 per cent of property buyers planned on expected increase in property prices as the government phases out subsidies, a recent iproperty.com study revealed.

Another 38 per cent preferred to wait before making any purchases because they believe subsidies will not be phased out.

The remainder expressed indecisiveness and intended to sell their assets, iproperty.com noted.

- Property Market Buyer Survey iProperty

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