New curbs on Singapore’s public-housing market are likely to drag down demand in the broader real-estate sector, analysts say, as regulators take steps to rein in rising home prices in the city-state.
Tuesday’s measures – which tightened mortgage terms for state-built homes and delayed public-housing eligibility for certain non-citizens – follow a series of government curbs that stretch back over four years. It also prompted some investors to sell off their stakes in Singaporean property developers on Wednesday, amid a broader market slump. Full story
