Mah said it will be a few more months before the full extent of August’s cooling measures are felt. The government has indicated it will introduce more measures if necessary to curb speculation, but for now it appears no further action will be taken as it monitors the impact of the latest round of measures. Full story
Singapore taking incremental approach to cooling market
Property-report.com, 27 Dec 2010
Singapore’s government intervened twice in the property market in 2010 with a cautious approach of incremental steps in order to bring prices down but not crash the market, says National Development Minister Mah Bow Tan.
Mah said it will be a few more months before the full extent of August’s cooling measures are felt. The government has indicated it will introduce more measures if necessary to curb speculation, but for now it appears no further action will be taken as it monitors the impact of the latest round of measures. Full story
Mah said it will be a few more months before the full extent of August’s cooling measures are felt. The government has indicated it will introduce more measures if necessary to curb speculation, but for now it appears no further action will be taken as it monitors the impact of the latest round of measures. Full story
