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Government intervention is chief risk for Singapore’s property market

Posted on 13 February 2013

Government intervention is the main risk faced by Singapore’s property market this year, according to a recent report published by property management firm Jones Lang LaSalle. Record levels of units expected to be completed in coming years are also likely to increase risk in Singapore’s property market, according to the report.
Jones Lang LaSalle expect buyers in Singapore to take advantage of cheap mortgage rates this year by purchasing properties in good locations, as there are no indicators to suggest that interest rates will rise in the coming 12 months………………………………………..Full Article: Source


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