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S'poreans' love affair with non-housing property fades

Purchases of industrial and commercial property continue to slide, erasing previous buying triggered by clampdown on residential sector

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Singaporeans' move from the housing to non-residential market appears to be tapering out.

Singapore

SINGAPOREANS' move from the housing to non-residential market appears to be tapering out.

Figures show that purchases of industrial and commercial properties continued to plunge this year, a decline that started since the total debt servicing ratio (TDSR) was introduced