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Real Estate Briefing - Categorized | Finance, Market Moves more

Singapore says low rates may spur property market

Posted on 26 November 2010

From Bloomberg: Singapore’s central bank said low borrowing costs and excess liquidity globally may push the island’s property prices higher again, setting back government efforts to cool the market.
There is a risk that financial institutions may ease lending standards and extend more loans to make up for narrowing interest margins, the Monetary Authority of Singapore said in its Financial Stability Review………………………………………Full Article: Source


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