Wednesday, January 26, 2011
No significant fall in residential prices in Singapore despite recent cooling measures
Property-report.com, 27 Jan 2011The recent cooling measures announced by the Singapore government will bring down sales volume, but not to the extent of causing a significant fall in prices, according to a report by DTZ Research.Margaret Thean, DTZ’s Executive Director (Residential), said: “Landed homes, small apartments and high-end apartments are envisaged to be less affected by the measures.