Singapore will not take a hands-off attitude to property cycle

Once again, I am in the minority of Singaporeans | Sam's. – Published15 NOVEMBER, 2018 SINGAPORE – If the Government had not stepped in with measures in July to cool the property market such that there are now signs of moderation, property prices would have surged ahead, possibly going up by 10 to 15 per cent, National development minister lawrence wong said.

Home prices expected to remain flat or dip next year. – "Let me be very clear that the Government cannot and will not take a hands-off attitude to the property cycle," he added. "So there should not be any surprise when we intervene in the market.

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Speech by Minister Lawrence Wong at the REDAS 59th. – Let me be very clear. The Government cannot, and will not take a hands-off attitude to the property cycle. So, there should not be any surprise when we intervene in the market, because that is our approach and attitude. I do not think any responsible government should do so. Instead, we will do whatever we can to prevent property bubbles from.

Singaporepropertycycle.com.sg – Home | Facebook – Current property cycle versus the 1986-1998 cycle. The current property cycle bears the following similarities with the 1986-1998 cycle: 1) At the cycle peak, landed properties outperformed non-landed properties and detached houses are the best performer while condominiums are the worst performer.

Property prices would have increased by up to 15% in 2018. – SINGAPORE – If the Government had not stepped in with measures in July to cool the property market such that there are now signs of moderation, property prices would have surged ahead, possibly.

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