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What cooling measures? Weekend buyers still flocking to showflats

Analysts say prices might still be affordable and first-timers less affected by ABSD hikes

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Published Mon, Jul 9, 2018 · 09:50 PM

    Singapore

    DESPITE surprise cooling measures that took effect on Friday, sales at three mass-market properties here continued to garner what experts considered a fair amount of interest over the weekend.

    The number of units moved at Park Colonial, Riverfront Residences and Stirling Residences was significantly lower than the more than 1,000 units sold on Thursday, when the projects were launched in knee-jerk reaction to the announced changes to the additional buyer's stamp duty (ABSD) and loan-to-value (LTV) limits.

    oxley holdingsSingapore propertychip eng sengReal estateResidential

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