Cooling measures
Real estate players brace for market curbs as housing debt climbs: NUS poll
Debt-limiting rules such as loan-to-value and mortgage servicing ratio are seen as more effective than ABSD
Hot sales at new condo launches can be too much of a good thing for developers
Increasing risks include fierce bidding for land and government action
South Korea unveils more property cooling steps amid loan concerns
SOUTH Korea rolled out new steps to rein in property prices, after earlier measures failed to cool demand sufficiently and spurred central bank concerns over mounting mortgage debt levels.
SG60: From surge to stability – a timeline of Singapore’s property market cooling measures, 1995 to 2025
OVER the last three decades, the Singapore government rolled out more than 10 rounds of measures to cool the property market, each time aiming to tame rapidly rising housing prices and calm fevered bu...
More property cooling measures? Locals buying their first homes could be hit
Don’t rule out locals paying 5 per cent ABSD for transactions over S$1 million
Tighter HDB loan limit will cool resale flat prices; choice units should still see firm demand
The tighter loan limit makes for prudent borrowing, which is sensible in a job market prone to disruptions
About 10% of buyers with HDB loan may be affected by new measures to cool market
This group of buyers is ‘not insignificant’, forking out a median of S$20,000 to S$60,000 more than other flat buyers
The unintended consequences of property cooling policies
A study on China’s Housing Purchase Restriction policy shows investors misallocating capital after property market curbs were implemented, resulting in significant trading losses
After The Continuum, weak take-up in any new launch will cast a pall on the private housing market
The jury is out on whether the latest property cooling measures that took effect on Apr 27 might amount to much ado about nothing.
ABSD hikes may push more wealth to Singapore commercial real estate
But high-net-worth-investors won’t completely shun buying homes here, market watchers say
