Reuters, 29 Jul 2009, Nopporn Wong-Anan
SINGAPORE, July 29 (Reuters) - The Singapore government stands ready to step in to prevent a property bubble after signs of speculation in the real estate market, state media quoted a cabinet minister as saying on Wednesday.
National Development Minister Mah Bow Tan told reporters it was not clear if the buying momentum of new private homes in the past few months could be sustained and the government was keeping a negative growth projection for such demand this year.
Read More
