22
July
2018
|
17:47
Asia/Singapore
Did the Government intervene too early in Singapore’s private housing market?
Associate Professor Sing Tien Foo, Director and Tang Li Xuan Amanda, Research Assistant from the Institute of Real Estate Studies at NUS discussed the Government’s new cooling measures for the private housing market. They noted that the measures come at a time when it is necessary to keep housing affordability in check, and that the measures are expected to adversely affect purchasing activities by investors and speculators in the private housing markets.