New property cooling measures introduced by Government to calm market euphoria

The Government announced today new property cooling measures. The measures saw adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. Status of the Private Housing Market After declining gradually for close to 4 … Continue reading New property cooling measures introduced by Government to calm market euphoria