House-price inflation in Asia 'under control'
Cooling measures and accommodative monetary policy have helped tame prices while slowing mortgage credit growth in some nations: S&P report
Add BT as a preferred source
Singapore
COOLING measures and an accommodative monetary policy have helped to control house-price inflation in Singapore among other Asia-Pacific nations, a housing report published by S&P Global Ratings (S&P) on Thursday has found.
The study noted that mortgage credit expanded across the region, albeit at a slower pace compared to six months ago, while monetary policy remains highly accommodative - which has lowered mortgage interest rates, and eased mortgage financing conditions.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Inside Indonesia’s trial of Gojek co-founder: How a Google laptop deal became a multitrillion-rupiah case
Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan
