Singapore property market could see limited impact from tightened monetary policy
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ECONOMISTS do not expect a slight appreciation in the Singapore dollar (SGD) to deter foreign property developers and buyers. Some say it may even be a boon.
The Monetary Authority of Singapore's (MAS) latest tightening of policy could therefore have only a small overall impact on real estate in the Republic.
The central bank on Jan 25 said it will "slightly" raise the rate of appreciation of its policy band, amid rising inflation pressures.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
