SINGAPORE: Singapore’s property market faces “potential downside risks” from a large supply of unsold units in the medium term and an uncertain economy, said the Monetary Authority of Singapore (MAS) on Thursday (Nov 28). In its annual Financial Stability Review, the central bank urged prospective buyers, especially households that are highly-leveraged, to be mindful of […]
No, cooling measures will not be lifted. Property prices will continue to drop while mortgage rates rise this year. Here are five trends that both property buyers and sellers must watch out for as the Year of the Monkey comes rolling in. 1. Cooling measures are here to stay. Although developers have intensified their call for […]
SINGAPORE (BLOOMBERG) – Singapore’s office landlords are among the world’s most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners’ misery could keep compounding. Over the past year, the city’s three big office real […]
