Singapore Property Update

Daily real estate news, advice and strategies for aspiring property investors

MAS: Home buyers should exercise caution when buying properties in view of rising interest rates and upcoming supply

Singaporeans should exercise due caution when buying property, said the Monetary Authority of Singapore (MAS). In its annual Financial Stability Review released on Friday (Nov 23), MAS said “that household debt grew 3 per cent year on year in the third quarter of this year, mainly on the back of a 3.4 per cent increase in […]

Lawrence Wong: Property prices would have increased by 15% without cooling measures

The prices of Singapore properties would have increased by up to 15 percent this year without the cooling measures introduced in July, said National Development Minister Lawrence Wong. Speaking at an anniversary dinner organised by the Real Estate Developers’ Association of Singapore (Redas), Mr Wong stressed that the Government cannot take its eyes off the property […]

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