Property cooling measures imposed to cut risk of 'self-reinforcing cycle' of price increases: Desmond Lee - CNA
SINGAPORE: Measures to cool Singapore's property market are being implemented now to cut the risk of a "self-reinforcing cycle" of price increases, said National Development Minister Desmond Lee on Thursday (Dec 16).
He said the Government “carefully consi…
Transaction volumes and demand for Build-To-Order (BTO) flats have also been high due to factors such as shrinking household sizes, a very low interest rate environment and recent disruptions to cons… [+2925 chars]
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