Property price curbs achieved stabilisation goals: Lawrence Wong

In the nutshell : The introduction of new cooling measure on 6th July 2018 by increasing the stamp duties for seconds home and the tightening of loan-to-value limits for housing loans granted by financial institutions, has achieved its objective of stabilizing the property market cycle by ensuring demand does not cause property prices to outpace market fundamentals.

Source: https://www.businesstimes.com.sg/real-estate/property-price-curbs-achieved-stabilisation-goals-lawrence-wong

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