Daily Briefing: Property outlook remains muted; Government warns of Iskandar oversupply

And fewer homes sold for over $1.5m.

The outlook for the private housing market remains muted, although there are still opportunities for well-priced and well-placed developments, revealed Frasers Centrepoint and reported in the media. View more here.

Real estate investments in other countries could suffer losses and it would be hard to find tenants if there is a flood of properties, according to Minister for Culture, Community and Youth Lawrence Wong, who was speaking on behalf of Deputy Prime Minister and MAS Chairman Tharman Shanmugaratnam during a parliamentary session on Monday. View more here.

There were 4,153 residential properties sold for more than $1.5 million in 2014, revealed the Ministry of National Development (MND) in a written reply to a query by Non-Constituency Member of Parliament Mr Gerald Giam in parliament yesterday. View more here.

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