Media playback is unsupported on your device

Singapore tries to cool house prices

1 August 2013 Last updated at 01:56 BST

If you are looking to own real estate, Singapore is the second most expensive city in the world, after Hong Kong.

The government there has recently decided to introduce tougher measures to cool the property market.

But are these measures working?

Sharanjit Leyl reports in the latest part of our series on the global housing market.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.