Singapore will not take a hands-off attitude to property cycle

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"Let me be very clear that the Government cannot and will not take a hands-off attitude to the property cycle," National Development Minister Lawrence Wong said in a speech last month.

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Mr Wong told the event at The Ritz-Carlton Millenia Singapore: "The Government cannot, and will not, take a hands-off attitude to the property cycle. So there should not be any surprise when we.

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I would say, keep your hands off the growing. to create a network. Why not conceive of an Asia-Pacific regional arrangement that is essentially based on a network model, instead of a hierarchical.

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We assume that private property owners do not have any other loans to service. For simplicity, we assume both husband and wife earns the same salary. We also have to take into account MSR (Mortgage Service Ratio) for HDB flats, stipulating that owners are only allowed to pay back a maximum of 30% of their gross total income.