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