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Singapore: Govt tracking property market

Posted on 03 November 2010

From Straitstimes.com: Prime Minister Lee Hsien Loong said on Tuesday that the Government is keeping a close eye on the property market to avert the formation of an asset bubble. Recent measures to cool the market have dampened sentiment, but liquidity is awash in the region, he told news agency Reuters in an interview on the risks facing Singapore.
Mr Lee also vowed to continue to take action if necessary, Reuters reported……………………………………….Full Article: Source

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