Ever wondered what were some of the major residential property cooling measures that impacted the local property market the most in the past few years? Let’s have a look at some of these market-wide measures that were implemented by the Singapore government. 11 March 2017 In what was probably a shock move to most, the […]
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Throughout the history of Singapore’s independence, the Housing Development Board (HDB) has played an integral role in providing affordable and good quality homes to Singaporeans and New Residents. However in recent years, major concerns over the growth of HDB flat prices outstripping that of the average income growth has caused many young families to feel […]
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According to an excerpt which was posted on the Facebook page of National Development Minister Mr Khaw Boon Wan, it was stated that Mr Khaw has no doubts about the property market cooling measures which were recently introduced to restore greater parity between property buyers. He claimed that although it is not possible for the […]
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2014 is set to be a mellow and subdued year for the Singapore property market. It is less likely that the government will introduce new policies next year after having implemented a few cooling measures this year. Thus, the outlook for the property market is expected to be subdued. Nevertheless, there is still possibility that […]
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The introduction of new cooling measures to regulate the Executive Condominium (EC) scheme will encourage developers to be more conscious of the income ceiling of its potential buyers and their ability to afford the EC purchase. With the new Mortgage Servicing Ratio cap in place, EC buyers will be affected the most. The key question […]
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The Ministry of National Development have introduced three new measures that will be aimed to regulate the Executive Condominium scheme. This is to ensure greater parity to that of public housing and to improve the viability and sustainability of the EC market. The first measure will involve fees imposed when buyers cancel their EC purchase. Cancellation fees have been […]
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