New measures devised to cool resale market.

By bne IntelliNews September 11, 2012
Singapore has been devising new measures to cool the resale market. As reported by Channel News Asia.com, analysts are of the opinion that allowing singles to buy new flats is likely to help cooling the resale market as half the number of singles buyers in the resale flat market are likely to move to Build To Order (BTO) flats. According to the recent data, singles form some 16% of buyers in the resale market.

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