Bloombergs, 19 Feb 2014
Singapore may start easing some of its property measures if home prices drop as much as 10 percent this year, according to the chief executive officer of the city-state’s biggest developer.
The government may remove some curbs that it had said were for the “short term,” such as stamp duties or taxes for homebuyers, said Lim Ming Yan, president and CEO at CapitaLand Ltd. (CAPL) in an interview in Singapore yesterday. It may also tweak rules for loan limits, which are very stringent, he said. Full story