Singapore Government Works to Restore Stability in Housing Market

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The Government has been"working very hard" over the last few years to restore stability in the housing market and balance the supply and demand of flats after disruptions caused by the Covid-19 pandemic, said Minister for National Development Desmond Lee.

The Government has been"working very hard" over the last few years to restore stability in the housing market and balance the supply and demand of flats after disruptions caused by the Covid-19 pandemic, said Minister for National Development Desmond Lee.

The unprecedented crisis disrupted people's lives, affected supply chains, caused shortages in manpower, and heavily impacted the construction and property sectors, said Mr Lee on Monday (March 11) in an exclusive interview with CNA.

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