14 Jan '11, 12am

New home loans and property launches to be hit: The cooling measures come at a time when home buyers have been k...

SINGAPORE - A knee-jerk reaction to the latest round of property cooling measures is expected to hit banks and developers but industry players believe that normal service will resume. For now though, banks here are likely to see a dip in new housing loan applications, while developers may postpone new launches. Commenting on the latest measures, the Real Estate Developers' Association of Singapore (REDAS) said it expects these measures to discourage speculative demand but remains confident that the local "property market will continue to be underpinned by sound economic fundamentals and a favourable business environment". Still, analysts expect developers to hold back on new launches. Referring to the last round of cooling measures, which were rolled out on Aug 30 last year, Credo Real Estate managing director Karamjit Singh noted that, this time around, developers would a...

Full article: http://www.todayonline.com/Hotnews/EDC110114-0000241/New-...

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channelnewsasia.com 14 Jan '11, 1pm

SINGAPORE : The latest round of property cooling measures which kicked in Friday appears to have caused a knee-jerk reacti...

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SINGAPORE : The Real Estate Developers' Association of Singapore (REDAS) has said the latest measures taken by the governm...

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SINGAPORE: The Government has announced more measures to maintain a stable and sustainable property market. From Friday, t...

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