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Singapore not relaxing property cooling measures soon, says MAS chief

Ravi Menon dashes any hopes of curbs being lifted; says time needed for measures to work their way through

Mr Menon says the government will continue to monitor the property market, and stands ready to help ensure a healthy market.


IF REAL ESTATE developers and property buyers here are pinning hopes on the government relaxing the cooling measures soon, they can kill that thought.

Monetary Authority of Singapore (MAS) managing director Ravi Menon said on Thursday that it takes time to allow the...