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Property cooling measures: Why cautionary stance still needed

Despite signs of the market bottoming out, any policy easing now could send wrong signal that all is well
Tuesday, July 26, 2016 - 05:50
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With the latest residential data showing signs of a bottoming out in prices in the second quarter, it comes as no surprise that the Monetary Authority of Singapore (MAS) has reiterated that it is too early to unwind property cooling measures.

WITH the latest residential data showing signs of a bottoming out in prices in the second quarter, it comes as no surprise that the Monetary Authority of Singapore (MAS) has reiterated that it is too early to unwind property cooling measures.

The MAS move is understandable if one looks at

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