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

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This resulted in the loss of income for Malaysia as more and more crypto businesses were registered in Singapore because we do not have a friendly environment here," the observer said. Additionally, Ting said the Malaysia Digital Economy Corp is currently looking at Singapore when it comes to initiatives involving cryptocurrency.

Current property cycle versus the 1986-1998 cycle. The current property cycle bears the following similarities with the 1986-1998 cycle: 1) At the cycle peak, landed properties outperformed non-landed properties and detached houses are the best performer while condominiums are the worst performer.

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Private home prices may have risen as much as 15 per cent this year had authorities not acted, Lawrence Wong, the National Development Minister, said in a speech last month. "Let me be very clear that the government cannot and will not take a hands-off attitude to the property cycle," Mr Wong said.

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The station was airing a call-in program about the project, and the first hint about Russian attitudes. to a hands-off environment. The question is, how many people will take that path, when.

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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.