Tag Archives: property cooling measures

Tweaks to some property cooling measures will not have significant impact: Analysts

The Government’s tweaks to some residential property cooling measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market. Even as the announcements marked the … Continue reading

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Seller’s stamp duties cut as Government eases some property cooling measures

Home owners will only have to wait three years before selling their properties to avoid paying seller’s stamp duties (SSD), down from four years currently, under several adjustments made to property cooling measures. With effect from Saturday (Mar 11), those … Continue reading

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‘Too early’ to lift property cooling measures: MAS chief

It is “too early” for the Government to consider lifting the property cooling measures currently in place, as it looks to make sure the gains “painstakingly made” are entrenched, said Mr Ravi Menon, the managing director of the Monetary Authority … Continue reading

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Property cooling measures to stay amid lower-for-longer rates

THE property cooling measures will remain, the Monetary Authority of Singapore (MAS) said on Monday, noting risks of a renewed surge in property prices in this lower-for-longer-rates environment that keeps investors on the hunt for yield. At a press briefing, … Continue reading

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Property cooling measures to stay till at least 2017: analysts

THE property cooling measures are unlikely to be unwound this year, with interest rates expected to stay low for a longer time amid greater uncertainties after the “Brexit” vote. It would seem then, that a relaxation of the policy could … Continue reading

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‘Too early’ to unwind property cooling measures: Lawrence Wong

It is “too early to declare victory” and unwind the property cooling measures currently in place, said Minister for National Development Lawrence Wong in the Committtee of Supply debate in Parliament on Monday (Apr 11). Responding to MPs who had … Continue reading

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Unwinding property cooling measures now ‘could do more harm than good’

Any move made by the Government to tamper with the property cooling measures now could fuel speculation that further easing is on the way, and threatens to undo any price moderation the market has achieved so far by bringing back … Continue reading

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PropNex proposes tweaks to cooling measures

Joining a chorus of calls for property cooling measures to be relaxed, real estate agency Prop­Nex on Wednesday (March 9) put up its case for some of the curbs to be tweaked, including cutting Additional Buyer’s Stamp ­Duty (ABSD) for … Continue reading

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Too early to relax property cooling measures: Lawrence Wong

It is “too early” to relax the property market cooling measures, as doing so could result in a market rebound, Mr Lawrence Wong said in Parliament on Monday (Feb 29). The National Development Minister was responding to a question from … Continue reading

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Kwek Leng Beng predicts Govt will lift ABSD this year

The Additional Buyer’s Stamp Duty (ABSD) may be abolished this year given the supply of homes that are coming into the market amid the increasingly challenging global economic climate, Mr Kwek Leng Beng, executive chairman of City Developments (CDL) predicted … Continue reading

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