Housing loans growth in Singapore has stagnated, easing 0.2 per cent to S$202.2 billion in June from the previous month. Photo: Roy Issa
‘Hype, smoke, and hot air’ clouding Singapore real estate
- There is no shortage of optimism about the Lion City’s housing market, but experts say that confidence is misplaced
- Rising foreclosures and stagnating home loans growth against the backdrop of a worsening global economic outlook need to be taken into account
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Singapore
Housing loans growth in Singapore has stagnated, easing 0.2 per cent to S$202.2 billion in June from the previous month. Photo: Roy Issa