Economics
Singapore’s Housing Shortage Risks Bid to Cool Home Prices
- Tight supply, resilient demand may undermine cooling measures
- Developers have little incentive to lower prices, analysts say
Houses in the Holland Park area, near Botanic Gardens in Singapore.
Photographer: Bryan van der Beek/BloombergThis article is for subscribers only.
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Singapore’s property boom has left the tiny island state with a record low number of new homes for sale, threatening to undermine government efforts to calm the market.