Singapore property auction listings likely to gain pace as rates rise
Market watchers point to combination of expiring government credit support, cooling measures and higher mortgage rates
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MORE properties in Singapore could go under the hammer this year, amid rising interest rates and the expiry of relief measures for borrowers.
Figures from Knight Frank showed that the property auction market was active in 2021 with a total of 670 listings - including repeat listings but excluding properties sold outside of auction - up 35.4 per cent from 2020's tally.
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