09 Jul '18, 4am

These 3 charts help explain Singapore's new property curbs

A key measures of the euphoria is Singapore’s so-called en-bloc market, where a group of owners band together to sell blocks of older apartments for redevelopment. Transactions have surged in recent months, thanks to demand from property developers. In its annual report last week, released the day before the new curbs were announced, the Monetary Authority of Singapore highlighted “strong activity” by developers in en-bloc sale tenders.

Full article: https://www.bloomberg.com/news/articles/2018-07-09/three-...

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