Sign up | Log in



Home  >>   Daily News  >>   Singapore  News  >>   Property  >>   Singapore property is too hot
NEWS UPDATES 2 November 2010

Singapore property is too hot

Related Stories

October 4,2010
Singapore property hits new high

September 2,2010
Singapore fights property bubble

June 29, 2010
Singapore property market slows

Singapore's Prime Minister Lee Hsien Loong said on Tuesday Singapore's red-hot property market was a matter of concern and needed careful monitoring to avoid the creation of a bubble.

"Our property market has been taking off, which is causing some consternation," he said. "We have had a series of measures to squelch the property market but liquidity is awash, sloshing around the whole region. "

"We are watching carefully. The last set of measures were announced at the end of August, they seem to have dampened sentiment some, but we will have to watch and see.'"

Singapore announced restrictions to cool its residential market on August 30. The measures included a reduction in the amount those with existing mortgages could borrow to buy second properties and extending a stamp duty on those selling property within three years of purchase. The government also introduced new requirements on those who wanted to purchase government-built apartments on the resale market.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand