Khaw Boon Wan, who is the National Development Minister, has recently stated that this is not the right time for making adjustments to the property cooling measures set in place, nor to even lift a few of these temporary initiatives. For the time being these cooling measures will be staying put. An appropriate time to adjust things will be when the equilibrium of the market becomes more stable and sustainable.

Sol Acres EC Cooling Measures

A continues slide of private housing prices has occurred for the 7th quarter in a row, the longest streak to be seen in 13 years, with a fall of 0.9% between the months of April to June.

In an interview on August 13th with Today, Mr. Khaw stated that, even though things are a bit cooler in the property market at this time, with drastic adjustments in pricing in some of the private market sub-sectors, there is still a way to go for other segments in the market for sol acres cho chu kang grove.

Both public and private housing market sales and purchase data are being closely monitored by authorities, who are also keeping a sharp eye on price fluctuations and trends in sub-sectors. …