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GrantTan
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2021-07-01
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Singapore Q2 private home prices rise at a slower pace amid COVID-19 curbs
SINGAPORE, July 1 (Reuters) - Singapore's private home prices increased 0.9% in the second quarter f
Singapore Q2 private home prices rise at a slower pace amid COVID-19 curbs
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2021-05-21
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During the second quarter, Singapore re-imposed some COVID-19 curbs, the toughest since exiting a lockdown last year, to combat a spike in local infections.</p>\n<p>In the first quarter, prices increased by 3.3%, the Urban Redevelopment Authority said.</p>\n<p>Rising property prices in the past few quarters have led to some expectations that the government will step in to cool the market.</p>\n<p>Singapore's central bank chief Ravi Menon said on Wednesday authorities were highly vigilant about a sustained increase in home prices relative to income trends, and their goal was to make sure the market did not get ahead of economic fundamentals.</p>\n<p>However, he added that the market was not overheated currently.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148846376","content_text":"SINGAPORE, July 1 (Reuters) - Singapore's private home prices increased 0.9% in the second quarter from the previous three months, slower that the two-and- a-half-year high pace in the first quarter, preliminary data showed on Thursday.\nThe increase, however, still marked the fifth consecutive quarterly rise. 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