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Should property cooling measures be relaxed?
The measures have been successful but rolling them back will need to be done in a calibrated and gradual manner
Published Sun, Feb 19, 2017 · 09:50 PM
Singapore
IT HAS been seven years since the government first introduced cooling measures for the property market.
The latest property market data for Q4 2016 shows 13 straight quarters of decline. From the peak in Q3 2013, prices have fallen over 11 per cent (down 3 per cent in 2016 and 3.7 per cent for 2015).
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