Singapore housing curbs won't cool prices, says Morgan Stanley

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Despite the recent cooling measures and increased interest rates, Singapore’s property prices are looking to double by 2030 and might increase as much as 10% given rising incomes. Morgan Stanley commented that government’s intervention is meant to keep prices stable and keeping the economy in check. With the influx of the enbloc buyers into the property market, new cooling measures implemented will keep property prices rising at a more stable rate.

Source: https://www.businesstimes.com.sg/real-estate/singapore-housing-curbs-wont-cool-prices-says-morgan-stanley

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