(April 25): Singapore’s property boom has left the tiny island state with a record low number of new homes for sale, threatening to undermine government efforts to calm the market. While property curbs have already begun to take effect, the shortage in supply, combined with resilient demand during the pandemic, may continue to fuel prices which surged the most in more than a decade last year.
(Bloomberg) Singapore’s property boom has left the tiny island state with a record low number of new homes for sale, threatening to undermine government efforts to calm the market.