Following the Monetary Authority of Singapore (MAS) decision to take further measures to cool real-estate prices, enough land to generate 14,300 private residential units has been released under the government land sales programme for the first half of 2011. However, a Financial Stability Review released by MAS afterward stated that low borrowing costs may cause property prices in the city-state economy to rise further if capital inflows persist at current levels. Full story
Singapore Property Prices Could Rise Again Despite Cooling Measures
Property-report.com, 26 Nov 2010
Following the Monetary Authority of Singapore (MAS) decision to take further measures to cool real-estate prices, enough land to generate 14,300 private residential units has been released under the government land sales programme for the first half of 2011. However, a Financial Stability Review released by MAS afterward stated that low borrowing costs may cause property prices in the city-state economy to rise further if capital inflows persist at current levels. Full story
Following the Monetary Authority of Singapore (MAS) decision to take further measures to cool real-estate prices, enough land to generate 14,300 private residential units has been released under the government land sales programme for the first half of 2011. However, a Financial Stability Review released by MAS afterward stated that low borrowing costs may cause property prices in the city-state economy to rise further if capital inflows persist at current levels. Full story
