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, 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.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more