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
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Tay Peck Gek
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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.
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