Property measures not meant to kill the market

It is unnatural to expect property prices to remain strong, said MND Minister Mah.

According to OCBC, MND Minister Mah said, the government will take further steps if necessary to promote a stable and sustainable property market.

He said, given strong economic growth, low interest rates and a lot of liquidity, it is not unnatural to expect property prices to remain strong. He also said the 13 January measures, the fourth in 16 months, was meant to cool the market, not "crash it", and it was too early to judge the impact.

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