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A HDB upgrader wrote to the Straits Times forum, saying that now she can no longer afford to upgrade to a condo thanks to the new cooling measures that now requires a 30% cash down payment for the new property.
Are there more people like her out there?
Posted on 03-09-2010 11:15 | By John
If someone wants to buy a resale HDB flat, they have to sell their
overseas property within 6 months to comply with the new cooling
measures.Posted on 02-09-2010 14:18 | By Francis
So many measures, so many rules? How to digest? We have come up with a simple guide that will make you the 'property-expert' among your friends and colleagues when you sit down and inevitably discuss this topic over lunch. So here it is (click the read more). [Updated]Posted on 31-08-2010 11:14 | By John
The government has announced several new measures to cool the property
market. What are they and will it work? More inside!
Posted on 30-08-2010 13:13 | By John
Is the party over? Posted on 30-08-2010 00:56 | By Francis
Posted on 24-05-2010 13:10 | By Francis
After all that chatter about flats not being affordable, HDB has hit
back with a roundhouse combo of anti-speculation measures. Sure they
call it 'Reinforcing Owner-Occupation Among HDB Flat Owners', but we
know what this means - no more making a quick buck off your resale flat.Posted on 05-03-2010 21:52 | By Yeo ZH
Sales of condominiums appear to be strong, despite last Friday's cooling measures by the Govt. High-end units like Waterscape at Cavenagh, L'VIV and The Laurels are doing well, while agents at the much anticipated The Vision at West Coast are already collecting cheques.Posted on 25-02-2010 12:48 | By John
As
expected, shares of many property developers have fallen on Monday
after last Friday's announcement by the Govt to cool the property
market. At 5.05PM, shares of CapitaLand fell 3.59%, Posted on 22-02-2010 19:27 | By John
We've heard all the reasons from our Govt behind these cooling
measures, let's hear what property analysts have to say about it. We
hear from Ngee Ann Polytechnic real estate lecturer Nicholas Mak.Posted on 22-02-2010 17:03 | By John
Over
the weekend, Prime Minister Lee Hsien Loong, National Development
Minister Mah Bow Tan and Senior Minister of State for National
Development Grace Fu gave more insights into the thinking behind the
recent cooling measures.Posted on 22-02-2010 16:27 | By John
New anti-speculation measures have been introduced in reaction to the recent January spike in
property sales!» Read more
Posted on 19-02-2010 18:56 | By Francis
Mr Tan Kin Lian, the man who was very outspoken about the Minibonds
saga last year seemed to have turned his attention to public housing
recently...
Posted on 06-01-2010 22:37 | By Francis
According to Mr Kwek Leng Beng in Business Times yesterday, 'The integrated resorts (IRs) will not affect the real estate market immediately, unless the world economy recovers substantially when the IRs open, which is not likely.' Posted on 26-11-2009 15:08 | By John
National Development Minister Mah Bow Tan told parliament that the
measures to cool down the property market 'have had some effect in
tempering the exuberance in the private housing market', going by the
numbers of private home sales in September(1,143) and October (811).
Posted on 25-11-2009 13:00 | By John
The Monetary Authority of Singapore has released its annual Financial Stability Review today. It's really long and boring but our expert analysts have managed to distill it down to something much more entertaining - wakeboarding.
Posted on 09-11-2009 13:43 | By John
The government will be force feeding the mass market private property
segment with at least 6 residential and 2 Executive Condominium (EC)
sites to cool down the market. Find out where all these plots are and what we think of them!
Posted on 07-11-2009 11:41 | By Francis
In the aftermath of yesterday's hosing down of the piping hot property
market, everyone has had a thing or two to say about the Govt's recent
cooling measures - will it really cool the fever or will it just be
business as usual? Experts have their say and we have ours.Posted on 15-09-2009 19:00 | By John
It never ceases to amaze us how sentiment driven the our local stock
markets are, as soon those words were uttered from our National
Development Minister's mouth yesterday the Singapore stock market closed 1.54%
lower, pulled down by dips in property and bank stocks.Posted on 15-09-2009 18:07 | By John
Lo and behold! National Development Minister Mah Bow Tan has decided to walk the talk and has introduced new measures to "ensure a stable and sustainable property market". These include restarting the confirmed list for the government land sales, not extending the Jan 2009 budget assistance measures for the property market and get this - REMOVAL of the Interest Absorption Scheme!
Posted on 14-09-2009 14:57 | By John
