On the measures, the analyst deems these as a “light touch” and “targeted”, which means that the impact on the private property sector is expected to be “relatively mild”.
RHB Group Research analyst Vijay Natarajan is remaining “neutral” on Singapore’s real estate sector as the government released another set of cooling measures on Sept 30.
“The latest measures mainly target the high-end Housing & Development Board’s (HDB) resale market while ensuring property purchase prudence by adjusting mortgage ratios,” the analyst notes in his report dated Oct 3.
