Yesterday (December 15) right before midnight, the government announced new property cooling measures, with higher ABSD (Additional Buyer's Stamp Duties), lowered LTV (Loan-to-Value) and tightened TDSR (Total Debt Servicing Ratio). The predictable pattern to impose new curbs We had the last round of cooling measures just three years ago in July 2018. Let's recall the … [Read more...]
Think Singapore’s property market is bottoming out? Think again
It is common for international property investors to compare how different property markets perform across the world and take their pick from the shortlisted countries. LaSalle Investment Management recently claimed that "Singapore's property market may be closer to a bottom than Hong Kong". How true is that? The peak and the pit Prices of properties in Hong Kong … [Read more...]