The commercial property sector could benefit from the latest cooling measures, analysts believe, as investors look for alternative places to park their money.
The residential market bore the brunt of the latest moves by the Government to curb buoyant prices and demand, with measures that affect all residential properties as well as those specific to public housing and the hybrid executive condominium (EC) market that mostly took effect from Saturday.
As for the industrial sector, a Seller's Stamp Duty has been put in place for the first time.
That means potential investments meant for these two sectors may spill over to the commercial sector, in the form of demand for strata-titled office and retail units.
Investors could also start to look beyond Singapore for growth opportunities as their options become more limited, analysts said.
The Iskandar region in Johor, Malaysia; London; Melbourne and Sydney were some of their picks to see an influx of hot money.
Source: Business Times –15 January 2013
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