Singapore: No Easing Of Property Curbs Until 2017

Although home prices may start bottoming out in the next few quarters, which could prompt a moderate recovery from 2018, easing of property cooling measures are not expected until next year at the earliest, according to property experts at the Real Estate Developers’ Association (Redas) property market seminar on Tuesday (12 July), and reported TODAYonline.

Dr Chua Yang Liang, Research Head at JLL Southeast Asia, said the potential recovery range will likely be driven primarily by a pickup in the prime residential market, and in line with GDP growth.

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