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BT EXCLUSIVE

Loss-making private home resales bear watching as stimulus tapers off

Retrenchments, salary cuts, lower rents are some reasons for homeowners divesting properties at poorer prices

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"Despite the lower volumes, we believe that a notably higher share of transactions in those months are probably involuntary in nature," said Mr Lam.

Singapore

THE proportion of loss-making residential transactions in the secondary market has eased in recent months after climbing in the second quarter (Q2) of the year, although some analysts say the situation may bear monitoring as policy stimulus and support measures progressively...

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