More expecting government intervention to cool Singapore's property market

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MARKET observers are increasingly expecting the Singapore government to step in to cool the private residential market, while spiking construction costs overtook economic woes as the top potential risk factor that may temper sentiment in the next six months. Read more at The Business Times.

Separately, the proportion of respondents who indicated concerns on the rising costs of construction rose to 85.1 per cent in Q4, versus 76.9 per cent in Q3.

In contrast, the proportion of respondents who indicated job losses/a decline in domestic economy as a potential risk factor fell to 61.7 per cent from 100 per cent, while those who were worried about the slowdown in the global economy declined to 76.6 per cent from 96.2 per cent.

 

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