What's New In Property

What Covid-19 does to already fragile residential market

On a broader level, demand for private residential units might slow to a trickle soon, judging from the market reactions in our neighbouring countries affected by the virus outbreak. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

On Feb 19, Deputy Prime Minister Heng Swee Keat told Bloomberg TV that the Government has no plans to ease property cooling measures.

"It is not on our radar at this point because we need to make sure that we stabilise the economy and we address long-term structural issues," he said.

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.

A version of this article appeared in the print edition of The Sunday Times on March 01, 2020, with the headline What Covid-19 does to already fragile residential market . Subscribe