The waterfront of Singapore’s financial district. Photo: AFP

Singapore’s oversupply of flats could hit property prices, central bank warns

  • The Monetary Authority of Singapore advised caution, pointing to the rising number of unsold units and weaker labour market
  • Residential property prices dropped after the government imposed property curbs in July 2018 but have recently started to creep up again
Topic |   Asia housing and property

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The waterfront of Singapore’s financial district. Photo: AFP
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The skyline along the historic Singapore River. Photo: AFP

If Singapore is so wealthy, why do its citizens feel stuck?

  • More than half believe they will experience little financial mobility over the next decade, according to a survey
  • Experts say that with the era of miracle growth in the past, it may be time to rethink priorities
Topic |   Singapore

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The skyline along the historic Singapore River. Photo: AFP
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