You are here

Tharman: Home prices correction not there yet (Amended)

BT_20141029_JLPROP29_1341132.jpg
"If we do not get a meaningful reversal after each upswing, property prices will run ahead of the growth of household incomes over the long term, which we should avoid." - DPM Tharman Shanmugaratnam

Singapore

PROPERTY prices in Singapore have not seen a "meaningful correction" yet, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Tuesday.

"We have seen some correction in both private property prices and HDB resale prices over the last 4-5 quarters, but

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