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The Singapore government recently released the anticipated Committee on the Future Economy (CFE) report and 2017 Budget. The two reports focused more on medium- and long-term initiatives aimed at helping businesses adapt to an ever-changing environment. This paper examines the impact on Singapore’s real estate market.

Momentum in the Japanese economy slowed with a negative 2.5% growth in the third quarter of 2018. This is largely related to the drop in exports and consumer spending due to the occurrence of natural disasters. Airport closure also caused a decrease in exports and the number of inbound tourist spending, which makes up part of total exports.