New Property Cooling Measures in Singapore

This was certainly pretty unexpected: new property cooling measures so soon after the last one (30 Aug 2010). I don’t know to be happy or sad. On the one hand, as someone who’s actively looking for a new home I’m happy that this move might bring home prices down (at least to something I can afford!) On the other hand, there’s just something about this which makes me feel that it was a little heavy-handed. Car and property rules certainly have been undergoing a sea  change lately.