Property cooling measures could finally be tweaked this year, say analysts

Expect changes in the second half.

The country’s stringent set of cooling measures could finally be reviewed this year, according to analysts.

Maybank Kim Eng analyst Derrick Heng noted that a review is on the cards this year as the government’s four key metrics--home prices, speculation, interest rates and foreign buying--have started to move in its desired directions.

Meanwhile, HSBC economist Joseph Incalcaterra noted the effectivity of macro prudential measures such as the TDSR at curbing household debt accumulation.

“The MAS is likely to maintain its macroprudential policy to assist in the deleveraging of households; however, it is possible that they tweak some measures in 2H15,” he stated.