A leading developers’ group in Singapore has challenged the government’s latest round of property-cooling measures, saying that there’s no rationale for the planned steps as the market is only in the early stages of a recovery, The Straits Times has reported.
Singapore’s renewed clampdown on speculative property demand sent real estate stocks reeling at the end of last week, as analysts predicted the end of a nascent home price rebound and the deflation of a buoyant…
Source : South China Morning Post
Read more…Singapore developers’ group attacks latest government measures to cool state’s property prices
