Wednesday, 19 October 2011
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Malaysia Star, 20 Oct 2011
SINGAPORE: Measures to cool Singapore's housing market will not be eased despite the slowing rate of increase in private home prices, local media reported on Thursday, quoting National Development Minister Khaw Boon Wan.
"There have been some calls for their removal but I don't think it is time yet," Khaw told Parliament on Wednesday. Singapore has tightened borrowing requirements and released more land for housing in a bid to stem a sharp rise in home prices. Full story
Singapore says not time to remove property cooling measures
Malaysia Star, 20 Oct 2011SINGAPORE: Measures to cool Singapore's housing market will not be eased despite the slowing rate of increase in private home prices, local media reported on Thursday, quoting National Development Minister Khaw Boon Wan.
"There have been some calls for their removal but I don't think it is time yet," Khaw told Parliament on Wednesday. Singapore has tightened borrowing requirements and released more land for housing in a bid to stem a sharp rise in home prices. Full story
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