Reported 7 months ago
The Ministry of the Interior announced its commitment to closely monitor the real estate market, ready to conduct random inspections whenever there are instances of 'instant sales,' 'queueing at sales offices,' or abnormal transactions that violate market mechanisms, asserting a zero tolerance policy towards property speculation. The Ministry also made statements regarding subsidized interest rates under the New Residential Safeguard Scheme, recommending against further subsidies if the central bank raises interest rates to prevent inflation in housing prices. Various measures and concerns have been addressed to maintain the stability and fairness in the housing market.
Source: YAHOO