ST Explains

Why and when growing mortgage debt alarms policymakers

Real estate may suffer the most from changes such as the withdrawal of fiscal and monetary stimulus and higher interest rates. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Singapore's property market is set to wrap up 2021 as one of its best years in recent times.

But as the economic recovery at home and abroad moves forward, new risks to growth and employment are emerging. And as policymakers move to confront these risks, market dynamics for all assets are likely to change.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.