But he dismissed the need for additional measures to cool the housing market, despite public and private prices picking up pace again after a lull in the first half of the year.
Data from the Singapore Real Estate Exchange last Friday showed that private resale prices rose 4.5 per cent last month over July, while overall median HDB flat prices rose 1.8 per cent over the two months.
"These month-to-month fluctuations, I won't waste time worrying about it," Mr Khaw told reporters later. "It's the overall picture (that matters), and the overall picture is that the situation now is totally different from a year ago."
http://www.straitstimes.com/breaking...price-20120909