Tag Archives: Housing Prices

MAS Director Ravi Menon: Property cooling measures have done their job

The head of the Monetary Authority of Singapore on Saturday (May 24) said the property cooling measures in place over the past few years were introduced in a “highly unusual situation”, and are unlikely to stay in place when more normal conditions return. The moves, which MAS Managing Director Ravi Menon described as “macroprudential measures”, have largely succeeded in keeping prices stable and moderating risk-taking.

Read More »