He therefore sees no need for further policy tightening and believes housing demand remains strong in view of the healthy overall transaction volumes, including in the secondary market.
SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.
In a Monday report, analyst Derrick Heng notes that speculative buying in Singapore’s property market is near its historical low, while existing measures continue to ensure financial prudence among property buyers.
