Navigating in Singapore's New Residential Landscape
The Singapore government's concerns around the increase in private home prices seen in the first half of 2018, especially with rising interest rates and significant pipeline supply, led to a decision to intervene in the private residential market.
On July 5, 2018, the authorities raised the additional buyer’s stamp duty rates and lowered loan-to-value limits for residential property purchases “to cool the property market and keep price increases in line with economic fundamentals”.
The decisive intervention by the government in the early stages of market recovery leads to several observations. This report seeks to outline them and offer suggestions for occupiers and investors to navigate in this new residential landscape.
Download the report to find out what our suggestions to buyers and investors are and where we believe the market is headed.