04 Jul '18, 11pm

MAS warning of 'euphoria' puts #Singapore #property market on notice

MAS warning of 'euphoria' puts #Singapore #property market on notice

SINGAPORE's hot property market has been put on notice. For the second time in eight months, the central bank is warning of a bubble building up and cautioning developers, banks and home buyers to proceed with care. Property observers say the warnings are a reality check that the government will step in if the market overheats. The latest reminder came from Ravi Menon, Monetary Authority of Singapore (MAS) managing director, who noted the "euphoria" in the Singapore property market. In December, Mr Menon's deputy, Ong Chong Tee, had warned of "excessive exuberance" in the property market as well as risks from rising land prices and a possible oversupply of housing stock. sentifi.com Market voices on: Speaking at the MAS annual report media briefing on Wednesday, Mr Menon added that the MAS, the Ministry of National Development and the Ministry of Finance are closely monito...

Full article: https://www.businesstimes.com.sg/real-estate/mas-warning-...

Tweets

Property Market may go higher before it go lower.

Property Market may go higher before it go lower.

straitstimes.com 04 Jul '18, 5am

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bloomberg.com 06 Jul '18, 6am

Shortly before the new policies were announced on July 5, Singapore’s central bank chief warned about “euphoria” in the ho...

New curbs flatten outlook for Singapore's property market.

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asia.nikkei.com 06 Jul '18, 10am

SINGAPORE (Nikkei Markets) -- The recovery in Singapore's private home market is barely a year old but the outlook is alre...

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channelnewsasia.com 05 Jul '18, 2pm

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bloomberg.com 05 Jul '18, 12pm

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Singapore moves to cool down resurgent property market

Singapore moves to cool down resurgent property...

news.abs-cbn.com 06 Jul '18, 6am

People look at the skyline of the central business district in Singapore. Edgar Su, Reuters/File SINGAPORE -- Singapore ra...

Honestly, I’m actually surprised that the government took so long to act on the speculative market. https://t.co/hpY5IwhJLv

Honestly, I’m actually surprised that the gover...

businesstimes.com.sg 06 Jul '18, 2am

THE fall in property and bank stocks continued on Friday afternoon, after the Government's surprise measures to cool the p...

Singapore developers plunge after the governmen...

bloomberg.com 06 Jul '18, 1am

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New property cooling measures announced: Higher...

channelnewsasia.com 05 Jul '18, 11am

SINGAPORE: The Government announced on Thursday (Jul 5) that it is raising Additional Buyer Stamp Duty (ABSD) rates and ti...

How to Cool a Red-Hot Property Market Singapore...

bloomberg.com 06 Jul '18, 7am

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