July 4, 2018

Property Market Euphoria Calls for Caution, Singapore Central Bank Chief

SINGAPORE (EDGEPROP) – Developers, banks and home buyers should be cautious about the property market euphoria said Ravi Menon. Mr Menon who is the Managing Director of Monetary Authority of Singapore (which is Singapore’s central bank and financial regulatory authority) reminded developers who bid for land to be mindful of the huge supply which is coming on stream.Mr Menon said, “We’re also...

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