Are new cooling measures coming to Singapore's housing market?
Policy change expected if uptrend in home prices continues to pick up pace
Singapore
TALK is rife that policy tweaks could be on the horizon to cool Singapore's buoyant residential segment, as the government keeps an eye on the real estate market.
Home prices gained pace last year, even as the economy slipped into recession. A further acceleration in price trends in 2021 "may put the property market in frothy territory", said DBS Group Research.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?