You are here

MAS: Housing sector has no strong link to jobs and business cycles

32416696514.jpg
Aerial view of private residences and HDB flats near Tree House condominium on Aug 13, 2014.

Singapore

THERE is no strong correlation between how the housing market performs in Singapore and business cycles in the country.

In addition, the housing market's impact on the domestic labour market is also limited, said the Monetary Authority of Singapore (MAS) in its

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom