In Singapore, there is a cooling of the real estate market due to innovations in local legislation, reports the portal World Property Journal .
In Singapore, in the summer of 2018, additional charges were imposed on buyers and toughened housing loan limits, resulting in a one quarter sales volume declined by 26.4% (citizens of Singapore) and 17.9% (foreigners). Most innovations frightened the citizens of India - the volume of buyers from this country decreased by 49.2%.
However, local experts say that the pace of sales slowed down only in the secondary housing market, considering that sales of new buildings are only gaining momentum.
HomesOverseas.ru
