Investors, foreigners, en bloc hopefuls to bear brunt of new property cooling measures
HIGHER upfront costs and tighter financing conditions from Singapore's latest cooling measures are expected to significantly shrink investor appetite in the property market, especially for sales of high-end homes.
Foreign buyers, en bloc candidates and developers could also feel the pain keenly, analysts said. Meanwhile, first-time Singaporean and permanent resident (PR) homebuyers are the least affected.
A round of property curbs kicked in on Thursday (Dec 16) to temper the exuberance in the private residential and Housing Board (HDB) resale markets. They include highe…
A NEWSLETTER FOR YOU
Property Insights
Get an exclusive analysis of real estate and property news in Singapore and beyond.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans
China national fined S$45,000 for having Singaporeans front plan to buy East Coast houses
Condo rents inch up after 7-month decline; volumes recover: SRX, 99.co
Apple to invest US$250 million into expanding Ang Mo Kio campus