Skyrocketing Property Prices? No Need For Alarm, Says Mah

Source : The Straits Times, July 30, 2007 Monday
















The Government will depend on 'non-interventionist measures' to cool the red-hot property market.

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National Development Minister Mah Bow Tan said his ministry's twin approach is to give out more information and push up supply.

Speaking to the media just three days after the release of Singapore's first comprehensive data on housing prices, Mr Mah also said 'there's no reason to be alarmed'.