High property supply situation could be worsened by property cooling measures, REDAS

Speaking at the Real Estate Developers’ Association of Singapore’s property market update seminar, its President suggested that the new property cooling measures introduced by the Government could worsen the high supply situation of private residential units in Singapore. On 6 July, the government acted to cool the residential property market. Additional Buyer’s Stamp Duty (ABSD) … Continue reading High property supply situation could be worsened by property cooling measures, REDAS