Mah Bow Tan insists Singapore property market is showing signs of cooling

Property-report.com, 29 Nov 2010Singapore National Development Minister Mah Bow Tan has said that the cooling measures recently passed by the government are beginning to take effect, ..... Housing and Development Board resale transactions have dropped by about 20 per cent in Q4 2011 and cash-over-valuation (COV) is down 10 per cent from Q3, Mr. Mah said at a groundbreaking ceremony for the