Sept. 15 (Bloomberg) -- Singapore’s government sees a danger of a property bubble forming and recent measures to cool speculation were designed to pre-empt this.The real estate market has become “a little exuberant of late,” Mah Bow Tan, the island’s national development minister, said in parliament today. The government on Aug. 30 increased down payments for second mortgages and imposed a stamp duty on property held for less than three years. Full story
