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CapitaLand supports government property measures
CapitaLand is supportive of the government's measures to ensure prices rise at sustainable levels, in line with economic fundamentals, CapitaLand said.
According to the statement they released, they expect the latest cooling measures to impact on sentiments in the near term. They also expect transaction volumes and prices to moderate.
CapitaLand believes that the government has been consistent over the years in implementing calibrated measures to curb excessive speculation in a buoyant market. They trust that the government will similarly adopt forward-thinking and calibrated measures when the market reverses.
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