Cooling measures cited as key risk by Singapore real-estate market, poll finds
Lisa Kriwangko
COOLING measures have been named as the biggest risk faced by Singapore's real-estate market, a poll among senior executives of real-estate firms has found.
Of the approximately 50 such executives surveyed in March, 87.8 per cent indicated the possibility of cooling measures as a potential risk which may hit market sentiment in the next six months. This is almost double the previous quarter's 44.7 per cent.
This finding came from the latest Real Estate Sentiment Index published by the National University of Singapore Real Estate (NUS+RE), which represents the Department of Real Estate and the Institute of Real Estate and Urban Studies at the university.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Is it time to scrap COE categories for cars?