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Monday, December 27, 2010

Singapore taking incremental approach to cooling market

Property-report.com, 27 Dec 2010Singapore’s government intervened twice in the property market in 2010 with a cautious approach of incremental steps in order to bring prices down but not crash the market, says National Development Minister Mah Bow Tan.Mah said it will be a few more months before the full extent of August’s cooling measures are felt. The government has indicated it will introduce