How has the new property cooling measures affect the market?

SINGAPORE (July 13): For much of this year, as interest rates firmed, analysts were suggesting that investors switch from real estate investment trusts (REITs) to developers.

Now, it appears that developers are being downgraded, following a set of draconian measures to curb property speculation.

Based on the Monetary Authority of Singapore’s (MAS) data up to 1Q18, loans for investment properties have stayed stable at 22% to 25% of total loans.

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