{"id":48290,"date":"2017-03-16T11:12:23","date_gmt":"2017-03-16T04:12:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fitch-looser-property-curbs-wont-stop-price-falls\/"},"modified":"2017-03-16T11:20:35","modified_gmt":"2017-03-16T04:20:35","slug":"fitch-looser-property-curbs-wont-stop-price-falls","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fitch-looser-property-curbs-wont-stop-price-falls\/","title":{"rendered":"Fitch: Looser property curbs won't stop price falls"},"content":{"rendered":"


\nHouse prices in Singapore are expected to fall by up to five percent in the next two years.
\nHousing prices in Singapore are likely to continue falling even as the government may gradually ease the property cooling measures, said Fitch Ratings on Wednesday (15 March).
\nThe ratings agency noted that Singapore\u2019s efforts to curb property speculation in an environment of low global interest rates were effective.
\nSpeculative purchases fell from 2009 as the government introduced stricter restrictions on mortgage lending while increasing stamp duties.
\nWith this, house prices have fallen over the last three years, while housing loan growth has slowed since 2011.
\nHowever, the government\u2019s \u201cfirst modest move\u201d to \u201creversing macro-prudential tightening\u201d \u2013 which was introduced on 10 March \u2013 is unlikely to have a significant impact on the housing market.
\n\u201cMacro-prudential settings are still tight, while high vacancy ratios, a slower pace of immigration, subdued economic conditions and a weakening labour market are all likely to continue weighing on prices,\u201d noted Fitch.
\nIn addition, local interest rates are expected to increase from their current low levels, while house prices are still expected to fall by another two to five percent in the next two years.
\nNonetheless, Fitch said banks are well-positioned to withstand a sharper drop in property prices, partly as a result of macro-prudential tightening.
\nThis is because \u201caverage loan-to-value ratios are low, loan-loss coverage is adequate, and capital and liquidity buffers are strong\u201d.
\n\u201cHouseholds also have healthy balance sheets and well-diversified assets,\u201d it added.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Fitch: Looser property curbs won’t stop price falls<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

House prices in Singapore are expected to fall by up to five percent in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-48290","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cyS","jetpack-related-posts":[{"id":113187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-to-increase-2-in-2020-and-2021\/","url_meta":{"origin":48290,"position":0},"title":"Private home prices to increase 2% in 2020 and 2021","date":"December 19, 2019","format":false,"excerpt":"\r This is lower than the 8% growth in 2018.\u00a0 According to the latest Fitch Ratings, private property prices in Singapore is expected to grow by a modest 2% over the next two years, a significant drop compared to the 8% increase in 2018, reported the Business Times. \u201cWe expect\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-housing-market-correction-still-possible-despite-lvr-change-fitch-ratings\/","url_meta":{"origin":48290,"position":1},"title":"Sharp housing market correction still possible despite LVR change – Fitch Ratings","date":"November 30, 2018","format":false,"excerpt":"\r International ratings agency Fitch Ratings says New Zealand house prices could still be in for sharp drop, despite the recent softening of the LVR restrictions.Fitch said the Reserve Bank's move is unlikely to have a significant...\r \r Source : nzherald.co.nz\/Property\r Read more...Sharp housing market correction still possible despite LVR\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-march-2017\/","url_meta":{"origin":48290,"position":2},"title":"News Roundup (March 2017)","date":"March 24, 2017","format":false,"excerpt":"\r \u00a0 Our top Singapore property stories. Fitch: Looser property curbs won\u2019t stop price falls Housing prices in Singapore are likely to continue falling even as the government may gradually ease the property cooling measures, Fitch Ratings said recently. The ratings agency noted that Singapore\u2019s efforts to curb property speculation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/03\/Location-map-of-Tampines-Avenue-10-site.jpg?fit=754%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":77830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/makeway-view-joins-collective-sale-frenzy-with-168mil-tag\/","url_meta":{"origin":48290,"position":3},"title":"Makeway View joins collective sale frenzy with $168mil tag","date":"January 24, 2018","format":false,"excerpt":"\r Singapore\u2019s collective sale market continues to heat up with the recent launch of Makeway View, a freehold residential development in Newton. Featuring 28 apartments and four penthouses, the 10-storey development carries an asking price of $168 million. Inclusive of the development charge of $17 million, the price works out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-able-to-withstand-house-price-slump-fitch\/","url_meta":{"origin":48290,"position":4},"title":"Banks able to withstand house price slump: Fitch","date":"August 31, 2016","format":false,"excerpt":"\r \u00a0 Singapore\u2019s banks are strong enough to withstand a severe downturn in the\u00a0country\u2019s property market, according to Fitch Ratings. \u201cWe believe Singapore\u2019s private home prices will weaken further amid an influx of new homes, having declined 9.4 percent from their peak in September 2013; signs of an oversupplied market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154844,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-price-forecast-amid-increased-supply-fitch-ratings\/","url_meta":{"origin":48290,"position":5},"title":"Dubai real estate price forecast amid increased supply: Fitch Ratings","date":"May 29, 2025","format":false,"excerpt":"\r Fitch Ratings says it expects a \u2018moderate correction\u2019 in Dubai real estate prices\r \r Source : arabianbusiness.com\r Read more...Dubai real estate price forecast amid increased supply: Fitch Ratings","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Invest-in-Dubai-real-estate-2-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48290"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=48290"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}