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
Singapore
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 measures to work their way through since they were implemented only a year ago.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US mulls first green-bond sales to tap a US$2.6 trillion market
US factory activity shrinks with price gauge highest since 2022
Hong Kong faces uphill battle to lure back Chinese tourists
Weak yen boosts tourist wallets in Japan
Gas prices are putting Washington’s boldest climate policy at risk
India collects record 2.10 trillion rupees as goods and services tax in April