Singapore will not take a hands-off attitude to property cycle

"Let me be very clear that the Government cannot and will not take a hands-off attitude to the property cycle," he added. "So there should not be any surprise when we intervene in the market.

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2 Things You Need to Know to Properly Price Your Home

Let me be very clear. The Government cannot, and will not take a hands-off attitude to the property cycle. So, there should not be any surprise when we intervene in the market, because that is our approach and attitude. I do not think any responsible government should do so. Instead, we will do whatever we can to prevent property bubbles from.

The Singapore Government will not take a hands-off attitude to the property cycle and allow bubbles to develop. The Minister for National Development, Mr Lawrence Wong, said this at the Institute of Real Estate and Urban Studies (IREUS) Conference on ‘Real Estate and Urban Studies’on May 24.

2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home. In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.

Essentially property prices will hold firm as people find value in security and serenity that comes with living in Singapore. My personal take to prospective buyers out there is to seriously consider making a purchase in the next two years. It is an extremely good time to be a buyer in the property market. This scenario will not last forever.

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As they take out more loans. Given authorities’ stop-and-go attitude to housing bubbles, it’s doubtful if the property mania will endure. Besides, with monetary conditions getting tighter in China,

2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home – 2 Things You Need to Know to Properly Price Your Home In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. 2 Things You Need to Know to Properly Price Your Home.

Private home prices may have risen as much as 15% this year had authorities not acted, Lawrence Wong, the national development minister, said in a speech last month. “Let me be very clear that the government cannot and will not take a hands-off attitude to the property cycle,” Wong said.