Nov
30
Singapore Property Prices Vulnerable to Rising Supply
By-
MAS cites potential supply of 20,000 private housing units
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Slower population growth creates ‘uncertainty’ on demand: MAS
The rising supply of homes and slowing population growth may undermine the recent recovery in Singapore residential property prices, according to the country’s central bank.
Future development projects could potentially add 20,000 private housing units over the next one or two years, more than doubling the existing number available for sale, the Monetary Authority of Singapore said in its annual financial stability report published Thursday…
Singapore Property Prices Vulnerable to Rising Supply
