A Cool Spell: Finding the right temperature for Singapore’s private residential market
On 5 July 2018, the Singapore government moved to increase additional buyer stamp duties (ABSD) and lower loan-tovalue (LTV) limits for residential properties, to cool the market and temper price growth. This is the first material policy move in over five years.
We believe the latest measures by the Singapore government confirms the government’s policy stance to prioritise housing affordability across all housing in Singapore, including the private sector. Going forward, we expect government policies to be regularly adjusted to ensure private residential prices track income growth of 3-5% p.a.
Download the report to find our more about the cooling measures.