Published on 13 Jul 2018

​SSS in the News | The public’s misunderstanding of the cooling measures in the property market

​Lianhe Zaobao, page 28

In a commentary, Assoc Prof Yip Sau Leung from NTU Economics programme explained it was necessary for the Singapore government to introduce cooling measures in the property market. He pointed out that government officials have managed Singapore’s economy well. However, there is room for improvement to ensure Singapore does not follow the footsteps of Hong Kong where the neglect in maintaining the standards of officials managing the economy have led to stagnating economic growth and a massive property market bubble.