29 Jun '17, 4am

Update: Singapore's central bank says property cooling measures "remain necessary"

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilized, “it is, however, not time yet to ease the cooling measures. They remain necessary,” Ravi Menon, managing director of the Monetary Authority of Singapore, told reporters on Thursday at the release of the bank’s annual report. Mortgage rates are very low and “the risk of a renewed unsustainable surge in property prices is not trivial,” he said. The city state’s government imposed a number of restrictions beginning in 2009 to cool a red hot market, causing prices to decline for more than three years. It relaxed some measures in March, but left most of the restrictions in place. “The calibrated adjustments by the government earlier this year do not signal the start of an u...

Full article: https://www.bloomberg.com/news/articles/2017-06-29/singap...

Tweets

Singapore's MAS Says Property Cooling Measures ...

bloomberg.com 29 Jun '17, 6am

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March...

Singapore's MAS says property cooling measures ...

bloomberg.com 29 Jun '17, 8am

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March...

Singapore's MAS Says Property Cooling Measures ...

bloomberg.com 29 Jun '17, 4am

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March...

MAS: Singapore property cooling measures remain...

cnbc.com 29 Jun '17, 4am

Singapore's property cooling measures, which have dampened residential sales and prices since their introduction in 2009, ...

MAS: Singapore property cooling measures remain...

cnbc.com 29 Jun '17, 5am

Singapore's property cooling measures, which have dampened residential sales and prices since their introduction in 2009, ...

JUST IN: Singapore's central bank says it's not...

bloomberg.com 29 Jun '17, 4am

Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March...

Property cooling measures remain necessary, say...

propertyguru.com.sg 30 Jun '17, 2am

The Monetary Authority of Singapore on Thursday (29 June) said the property cooling measures remain necessary given that t...

Singapore central bank says not yet time to eas...

wsj.com 29 Jun '17, 10am

We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Fla...

Singapore central bank says property market cur...

ft.com 29 Jun '17, 5am

All the benefits of Standard Digital, plus: Unlimited access to all content Instant Insights column for comment and analys...

Not time yet to ease property cooling measures:...

channelnewsasia.com 29 Jun '17, 4am

SINGAPORE: The property market in Singapore has “substantially stabilised” over the last three years, but it is not time y...

NEWS FEED

propertyguru.com.sg 04 Jul '17, 1am

The Monetary Authority of Singapore on Thursday (29 June) said the property cooling measures remain necessary given that t...

IMDB scandal: Big fines not as good a deterrent as naming and shaming, says MAS

IMDB scandal: Big fines not as good a deterrent...

straitstimes.com 29 Jun '17, 4am

SINGAPORE - The fines Singapore has levied on banks here for lapses related to the 1MDB scandal may pale in comparison to ...

Singapore's central bank posts record net profi...

forexfactory.com 29 Jun '17, 9am

Singapore's central bank made a record net profit of 24.3 billion Singapore dollars ($18.6 billion) in the last financial ...

Is anyone actually buying this? "Mixed signals ...

propertyguru.com.sg 28 Jun '17, 8am

While the property market is sending mixed signals, analysts believe the signs point to a potential recovery, reported The...