Pandemic fallout blunts textbook policy of raising land supply to curb rising home prices
It is wise to calibrate increasing Government Land Sales sites for private homes. The reason? Covid-19 and construction costs
Singapore
PRIVATE home prices in Singapore rose for the sixth consecutive quarter in the third quarter of 2021, up 1.1 per cent. Developers sold 3,550 new homes excluding executive condominium units in the latest quarter.
Pasir Ris 8 sold around 85 per cent of its 487 units at its launch weekend in July, where there were multiple rounds of price hikes.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
What role can Japan play in Asean’s future?
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet
As Malaysia’s chip goals morph into a multi-state model, are they outgrowing Penang?
