Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
BT EXCLUSIVE
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
"Unless we see the bullish sentiment in the private housing market spill over to the HDB resale side, the government will probably continue to take a wait-and-see approach." - CIMB's Song Seng Wun.
"Interventions are necessary to ensure home prices grow in tandem with income growth, which is crucial in ensuring private homes remain accessible to aspiring home upgraders." - Knight Frank's Alice Tan.
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...
Please log in to continue reading.
