The govt is withholding the sales of land for the moment as demand for properties have fallen. That makes good business sense. Sell when the demand is high, to command higher price and also to prevent prices from escalating. Very logical.
A letter by Ee Teck Siew in Today questioned the tempering of the supply and demand of land as it will artificially prop up prices but will not allow prices to
Home »
» Tempering with land sales and property prices