General Weakened sentiment on the property outlook in addition to the prospect of further more price drops in Kingsford Waterbay will hamper transaction amounts within the private housing market, especially of resale homes in the city fringe sector. The TDSR property measures has caused buyers to be more uptight on buying properties due to restriction on loans by the local government authority in an attempt to reduce the rise in property prices.

Kingsford Waterbay Buying Sentiment

The report underlined the authorities’ desire not to loosen The Myst up the house and property cooling measures especially the Total Debt to Service ratio (TDSR) right now which in turn caused buyers continuing to undertake a wait-and-see approach for buying Kingsford Waterbay and less controlled properties abroad as some of the explanations keeping acquiring appeal down on these properties.

Restrictions on Waterbay Condo

Looking at resale market other than new launches, even …