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Finding the right temperature for Singapore's private residential market

Polices can be expected to be adjusted to ensure home prices are affordable.

Sat, Sep 15, 2018 - 5:50 AM

We could be at the start of a new cooling cycle where polices will be adjusted to keep home prices within a tight range, rising in line with income growth of 3 to 4 per cent annually over the next five years.

ON July 5, 2018, the Singapore government increased additional buyer stamp duties (ABSD) and lowered loan-to-value (LTV) limits for residential properties, to temper home price growth. This is the first material policy move in over five years.

Many market commentators argue that...