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Further home price spikes may spell risk of renewed cooling measures
Most analysts believe that the 3.1% q-o-q hike in URA's private home price index in Q1 is an indication of stronger price upside in 2018
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Kalpana Rashiwala
Published Tue, Apr 10, 2018 · 09:50 PM
Singapore
SEVERAL more quarters of private home price increases of the magnitude seen in the first quarter could leave the property market here staring at the possibility of fresh cooling measures, industry players say.
While the immediate risk of that is low, the surprise 3.1 per cent quarter-on-quarter (q-o-q) jump in Q1 private home prices has led some in property circles to contemplate how policymakers would respond if the uptrend of similar or even bigger price spikes continues in the next two quarters.
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