COOLING MEASURES STILL REMAINS: MAS

COOLING MEASURES STILL REMAINS: MAS

Property cooling measures is still necessary as the local residential property market continues to moderate and good take up rate like Seaside Residences and The Clement Canopy, have been seen in the new launch condo launches in 2017 property launches - spoken by MAS (Monetary Authority of Singapore). 

Since the introduction of further cooling measures in the past six months, the regional property market have been buoyant. If cooling measures are eased, it could cause property demand from yield-hungry investors to spill over into Singapore. Easing the measures now could send a wrong signal.

Source: The Business Times


Source: https://www.newlaunchhome.com/cooling-measures-still-remains-mas/