Singapore will not take a hands-off attitude to property cycle

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The government has concluded that it cannot take a "hands-off" approach to managing Singapore’s property market and allow asset bubbles to develop. "This is not what a responsible government would do," says Lawrence Wong, Minister for National Development and Second Minister for Finance."Our aim is not

The Singapore Government will not take a hands-off attitude to the property cycle and allow bubbles to develop. The Minister for National Development, Mr Lawrence Wong, said this at the Institute of Real Estate and urban studies (ireus) conference on ‘Real Estate and Urban Studies’on May 24.

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How long does it take to close on a. The Singapore Government will not take a hands-off attitude to the property. "We have not quite moved to the extent of. The borrower is required to pay for the appraisal up-front. After the home appraisal is completed it will take about an additional 3-5 days to be clear to close on the home.

The Singapore Government will not take a hands-off attitude to the property cycle and allow bubbles to develop. The Minister for National Development, Mr Lawrence Wong, said this at the Institute of Real Estate and Urban Studies (IREUS) Conference on ‘Real Estate and Urban Studies’on May 24.

Singapore property ‘standstill’ expected next year. "Let me be very clear that the government cannot and will not take a hands-off attitude to the property cycle," Mr Wong said. "So there.

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