Singapore Banking - Past Cooling Measures Have Already Tamed Investment Demand | I3investor

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Singapore Banking - Past Cooling Measures Have Already Tamed Investment Demand

StockFanatic

Publish date: Tue, 10 Jul 2018, 10:57 AM

The latest set of cooling measures for residential property announced last Thursday will have limited impact on loan growth. The recent demand recovery in residential properties was relatively mild and short-lived. Homes purchased for investment accounted for just 27.2% of the new housing loans limit granted in 4Q17 as past cooling measures have already cut investment demand. Maintain OVERWEIGHT. Read More

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