The government is taking major action to cool the property market while still meeting strong housing demand. Supply is being ramped up, even as a slew of cooling measures takes effect. The supply of private and public housing flats is set to rise by at least 35% in 2022. The government said the move to immediately implement new cooling measures is to reduce the risk of a self-reinforcing cycle of price hikes in its private and public housing markets. National Development Minister Desmond Lee has said that the measures will help keep the market sustainable and prices affordable.
Subscribe to our channel here: [ Ссылка ]
Subscribe to our news service on Telegram: [ Ссылка ]
Follow us:
CNA: [ Ссылка ]
CNA Lifestyle: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]
Twitter: [ Ссылка ]
