tightening of Housing and Development Board loan limits
There is also a"possibility" that there may be more gains in the prices of two-room and three-room resale flats, according to Mr Lee. "It will probably slow down the rising prices of HDB flats but ... this measure cannot be used alone, it has to be used in conjunction with ... a steady, strong supply of Build-to-Order flats because this measure only addresses the demand side of the equation, it does not address supply side," said Mr Mak.
"A lot of these are driven by the mature HDB market transactions, especially the more expensive transactions in the first half of the year," said Prof Sing.
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