https://www.straitstimes.com/busine...hallenges:+Redas+chief&utm_content=20/09/2018
Mr Desmond Lee, Minister for Social and Family Development and Second Minister for National Development, told the event that the cooling measures were taken to "keep prices in line with economic fundamentals", given the large supply of properties coming on-stream as well as rising interest rates.
He added that the Government "acted earlier" with cooling measures to ensure a stable property market.
Mr Desmond Lee, Minister for Social and Family Development and Second Minister for National Development, told the event that the cooling measures were taken to "keep prices in line with economic fundamentals", given the large supply of properties coming on-stream as well as rising interest rates.
He added that the Government "acted earlier" with cooling measures to ensure a stable property market.