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#1
19-09-2015, 09:50 AM
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‘Downward spiral’ of property prices if curbs not re-examined, warns REDAS
An honorable member of the Coffee Shop Has Just Posted the Following:
Several ministers, including Mr Khaw and Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam, have signalled that the Government does not intend to relax the measures soon, saying prices have some way to go before achieving a meaningful correction. MAS’ managing director Ravi Menon had also said it would be premature to remove the measures as the price correction has been modest, in the context of a 60 per cent increase in property prices that, over three years, reached its peak in 2013. http://www.channelnewsasia.com/news/...f/2132456.html Click here to view the whole thread at www.sammyboy.com. 
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