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.

Developers have launched new private housing projects post the cooling measures. And new homes are still being snapped up.

With the latest measures, foreigners pay higher Additional Buyer’s Stamp Duty (ABSD) for any home purchase. Singapore citizens and permanent residents (PRs) also pay higher ABSD on second and subsequent homes.