Property cooling measures: One month on

Singapore — The property cooling measures may not have been popular when it was introduced last month, but analysts believe interest in properties has not dampened. Channel NewsAsia’s Cheryl Lin has the full story.

Source: channelnewsasia.com

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For Sale – 403B Fernvale Lane (HDB 5-Room)

It won’t be easy to click out of holiday mode in this stylishly contemporary residence for the pleasure-seeker.

The cool, calm and sophisticated youthful edge, this home is nestled in light and comfort while creating a style as timeless as the farmway view. The calming greenery will help you dismiss your city stress.

The 403B Fernvale Lane. Welcome to your new home.

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For Sale – 218 Bedok North Street 1 (HDB 3-Room)

This immaculate HDB apartment is set amongst the well-desired neighborhood of Bedok Town Centre. You start your new life with access to lifestyle amenities including a malls, sports complex, food courts, groceries, MRT & bus interchange, schools, and places of worship.

The generously proportioned interior flows effortlessly from the luxurious living space to the homely kitchen with a surprise for growing family.

With its warm sense of community, this home provides all the elements for relaxing, comfortable and easycare living.

The 218 Bedok North Street 1. Welcome to your new home.

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Property Cooling Measures 2018 – 10 Most Important Things You Should Know

New property cooling measures were recently announced, and boy, did it send Singaporeans into a frenzy as everyone rushed to buy condo units the night before they kicked in. So… what are these property cooling measures and why did everyone freak out about them?

Here are 10 biggest questions on everyone’s minds, and our answers (to the best of our abilities, anyway).

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Property stocks slump after announcement of new cooling measures

Singapore — Property stocks in Singapore came under heavy selling in early trade on Friday (Jul 6), as investors reacted to surprise news of fresh cooling measures announced a day earlier.

In an effort to “cool the property market and keep price increases in line with economic fundamentals”, the Government said on Thursday evening that it would raise the Additional Buyer’s Stamp Duty (ABSD) rates and tighten loan-to-value (LTV) limits on residential property purchases.

The new rates take effect on Friday.

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Higher ABSD rates for second homes among new cooling measures

SINGAPORE: The Government announced on Thursday (Jul 5) that it is raising Additional Buyer Stamp Duty (ABSD) rates and tightening loan-to-value (LTV) limits on residential property purchases, in an effort to “cool the property market and keep price increases in line with economic fundamentals”.

The move comes several days after official data showed that private home prices had risen to its highest point in four years in the April to June quarter, with analysts predicting that prices could soon recover to 2013 peak levels.

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