24 Jun '11, 1am

Who will he choose - Singaporeans or money?

Who will he choose - Singaporeans or money?

National Development Minister Khaw Boon Wan has been criticised by the real estate industry, with certain players saying he is blurring the lines between personal opinion and public policy According to a S traits Times report , real estate developers and agents have been “rattled” by the frequent blog postings made by National Development Minister Khaw Boon Wan. Apparently, Mr Khaw’s frequent posts have made them “jittery”, with one developer even remarking that his comments were “scary”. The developers have also expressed that Mr Khaw’s remarks “blur the line between personal opinion and official policy”, seeing as the minister’s blog is linked to the Ministry of National Development. They have also expressed fears that Mr Khaw’s remarks are “swaying market sentiment” and turning buyers “more cautious”. The report went on to say: Mr Jonathan Phua, general manager of busin...

Full article: http://www.temasekreview.com/2011/06/24/khaw-boon-wan-has...

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