While supply remains elevated.
Home prices in Singapore are feared to stagnate on back of continued low population growth and high space supply, according to a report by JLL.
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Population versus property price index PPI
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While supply remains elevated.
Home prices in Singapore are feared to stagnate on back of continued low population growth and high space supply, according to a report by JLL.
The government has a “rough idea” on when to revise the property cooling measures, “but that doesn’t mean that we announce it”, said Home Affairs and Law Minister K. Shanmugam.
Speaking to over 2,000 property agents at an ERA Realty conference on Wednesday (3 Feb), the minister said such a decision would be made by the National Development and Finance ministers when they assess the risks to be “less or manageable”.