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Singapore Says Property Cooling Measures Working, CNA Reports

Dec. 7 (Bloomberg) -- Singapore’s measures to cool the property market are working and the full impact of the steps the government implemented will be felt in the next two months, Channel NewsAsia reported on its website, citing Minister of National Development Mah Bow Tan.

There is currently no need for additional measures to cool the market even as the government is prepared to take more steps if necessary, the report said.

Story link: {NSN LD13SA6TTDS3<GO>}

To contact the editor responsible for this story: Sean Collins at scollins14@bloomberg.net

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