The Business Times
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Open economy forces government's hand

Easy flow of funds mean rules are needed to keep property asset prices in check

Published Tue, Jun 21, 2016 · 09:50 PM

    Singapore

    YOU can't have it all.

    Industry players say that what makes Singapore so susceptible to housing bubbles is also its most attractive characteristics: its open, pro-business and globally connected economy, as well as its safe-haven status. This, in turn, has made it necessary for the government to be "interventionist" in erecting rules that keep property asset prices in check.

    Singapore propertyCooling measures

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