cooling measures – Katong Homes

Singapore Primary home sales soar 82%

4 May 20174 May 2017

The recent government figures on private home sales signal a turnaround in the market. Figures showed that, in the primary market, developers sold 1,780 new private homes last month, the…

Joint Statement for property measures by MOF/MND/MAS

10 Mar 201710 Mar 2017

Ministry of Finance (MOF) has issued a joint press release with MND and MAS with regard to property measures. 1. Additional Buyer’s Stamp Duties (ABSD) and Loan to Value (LTV)…

TDSR framework exempted from home mortgage refinancing

1 Oct 201629 Nov 2016

MAS announced in September that borrowers may be exempted from Total Debt Servicing Ratio (TDSR) framework when refinancing their homes. The TDSR rules still apply to new housing loans. The…

In another report, private home prices may drop up to 15% over the next 2 years

In yesterday's BT, an article reported OCBC's projection of private home prices here to slip between 5 to 15% over 2016-2017. In the same article OCBC projected that primary home…

Property curbs: Which should stay and which should go?

EVERY few months, property industry players renew their call for cooling measures to be lifted, pointing to the sluggish property market. The most recent suggestion came, albeit indirectly, from the…

Possible Reason why cooling measures not removed: Rise caveats in Q2

Here's a possible reason why the authorities are not inclined to remove any property cooling measures just yet: There was an across-the-board increase in caveats lodged for private home purchases…

Government says it is still too early to roll back property cooling measures

According to the Ministry of National Development (MND) yesterday, it is still too early to roll back property cooling measures. It said that despite home sales have decreased, prices have…

Property news…

Is it time to review cooling measures?

22 Jun 201423 Jun 2014

According to an article in BT this month, property developers have collectively paid up to $55.1 million in extension fees for unsold units in their private condo projects since 2012.…