Govt in Singapore says it will intervene to prevent a real estate bubble and rampant speculation

Discussion in 'New and Emerging Property Markets' started by Nicholas Wallwork, Apr 5, 2010.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]The government in Singapore has pledged that it will not intervene too much in the country's real*estate market but it will not stand buy and let rampant speculation take hold.*National Development Minister Mah Bow Tan said that any intervention would be 'done sparingly'*and the aim was to have an independent and stable property market.



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