Premature to unwind cooling measures: Maybank Kim Eng
Chief economist sees smaller home supply in long term
[SINGAPORE] The government is not likely to be unwinding any of its property cooling measures this year, said Maybank Kim Eng head of research Ng Wee Siang.
"As long as interest rates remain where they are now, that would be too premature."
Instead, it is more probable that the government would reduce the number of private homes and HDB flats that will come onstream in the longer term, he added.
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