Singapore’s surprise property moves applauded by businesses

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"Singapore's largest listed property firm is broadly welcoming revisions to the city-state's property cooling measures after more than 3 years of sinking prices.

""Together with the government's policies to support population and economic growth, such measures will help to ensure a stable property market and healthy demand for new homes in the long term,"" said Wen Khai Meng, CEO of CapitaLand Singapore, in a Monday email to CNBC."

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