Association: Review of Singapore property curbs needed

Downtrend: Residential buildings in Singapore. The country’s real estate market is facing multiple challenges, including a slowing economy, rising interest rates, potential oversupply in some segments and an increase in vacancy rates. — Bloomberg

SINGAPORE: Singapore’s authorities should review measures designed to cool the city-state’s property market as share market volatility could worsen a current downturn, the head of the property developers’ association said.

Singapore’s real estate market is facing multiple challenges.