ZADC
Singapore’s Monetary Authority not budging on cooling measures
In what could be seen as a blow to optimism among developers in the Island Republic, the Monetary Authority of Singapore (MAS) recently announced that the country’s property cooling measures are here to stay. The move goes against the grain of expectations from the market, which has been performing... Read more
Chinese buyers see red over Forest City penalty clause
BY Chris Prasad Forest City, taking shape off the coast of Johor Bahru, has been billed as a big ticket investment attractor. It certainly had a promising start, reeling in throngs of property seekers from mainland China who were lured by the project’s attractive prices and proximity to Singapore.... Read more
Penang mulls density guideline changes
While the Penang state government decides on a proposal to raise the current density of 87 units per acre, market stakeholders are already hailing it as a necessary step to accommodate more affordable housing in the state. The Penang property market is one of the priciest in the country, particularly... Read more