DPM Tharman - Singapore Property Crash Not Likely But Further Correction Will Not Be Unexpected

"Not likely", said DPM Tharman who is also Singapore Finance Minister.

Mr Tharman was being interviewed by DBS CEO at the anunal DBS Asian Insights conference.

However, Mr Tharman also said that "a further correction will not be unexpected."

So, what is a crash and what is a correction?
My own guess.  Crash is 30% or more.  Correction is up to 30%.

Happy Investing!