If the govt really wants to cool the private property market, why not put a stop to allowing CPF for private property? This will stop alot of ppl selling HDB for millions then buying private property

They want to cool the market not crash it.
If the property market goes down too drastically, the Developers will be affected, and government can’t sell land at high price to get funds anymore.
Not to mention our high earning REIT’s might be affected.

Question - "How many HDB are selling for millions? "