22,000 private ppty and 29,000+ hdb coming in 2016
Resale up from 5000 in 2014 to 6000 in 2015
$1.5bn of QC and ABSD charges to be imposed on developers
SingHaiyi group - wanted to dispose of City Suites in Balestier but was rejected by authorities
More developers needing to cut prices to avoid punitive financial charges
SIBOR to rise from 1.5% to 2% by end 2016
5-10% of households with debt servicing ratio above 60% could be vulnerable to rising interest rates
Total employment growth slowed to 1%
Redundancies at 14,400
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