Property News · December 18, 2019

As Singapore heads into election, easing property curbs appears unlikely


Singapore is unlikely to ease property cooling measures as it heads into a high-stakes election that could take place in the first half of next year.Although several developers, including City Developments Ltd, have called on the government to loosen curbs to help fix an apartment glut, such a move could cost the ruling People’s Action Party votes. Relaxing property curbs risks sending prices spiralling, making it more costly for Singaporeans to own private flats, analysts say.The city state is…

Source : South China Morning Post
Read more…As Singapore heads into election, easing property curbs appears unlikely

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