Media reports state that the landed housing sector is feeling the constraints of the property cooling steps being augmented by the government, as compared to the non-landed sector of the market.
According to data supplied by Altura EC URA, there has been a 5.1% drop that the landed house price index has suffered over the past 4 quarters, whereas the non-landed price index only showed a 3.3% decline for Kingsford Waterbay Serangoon.
Ong Teck Hui, the Singapore Research Director of JLL, has stated that it was previously Orchard Boulevard Condo assumed that the landed home sector would show greater resilience than the other sectors, due to it having such a strong demand and very low supply.

Cooling steps for Kingsford Waterbay Condo

Ong Teck Hui further adds Tengah EC that it appears that there was a worse effect than expected on the landed sector as a result of the TDSR …