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Property cooling measures to ‘reduce risk of self-reinforcing cycle of price increases’: Desmond Lee

SINGAPORE – Despite continuing uncertainty created by the Covid-19 pandemic, the Government has decided to implement new property cooling measures to reduce the risk of a self-reinforcing cycle of price increases in the private and HDB resale markets, that will impact housing affordability, Minister for National Development Desmond Lee said. Speaking at a briefing on... » read more

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