Nov 15, 2013

    Have property cooling steps worked too well?

    Till last year, all the talk was about a property bubble building up in Singapore. The Government responded with a series of cooling measures. Now resale transactions have slumped, compared to last year. Foreigners are fleeing the private-home market and some experts see prices crashing by up to 30 per cent in 2015-16. Is it time for a rethink?