Looks like government going to launch another wave of cooling measure admist the pandemic. Any thoughts of the new rules to be introduced?
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Looks like government going to launch another wave of cooling measure admist the pandemic. Any thoughts of the new rules to be introduced?
Only those who cannot buy wait for cooling measures.
most probably something to do with cheap loan now. Dbs offering 5 year fixed at 1.4%Quote:
Originally Posted by tick
Is the max of 8 persons/2 households a day considered a cooling measure? Resale properties can only have a max of 2 viewings a day and likewise buyers can only view 2 properties a day. All chiong to buy new launch instead. lol.
Quote:
Originally Posted by bargain hunter
Market especially new launches look quite hot
Resales in good locations moving well
Some new CM may cool the rush a bit
Govt should consider targeted response ie more stringent mortgage requirement and mandate larger units being sold by Developers instead of just raising ABSD.
smartcamerasg
ABSD is good for a property investor who holding their property bad for those who sold their property waiting for the crashes that never come.Quote:
Originally Posted by Singlite
For example, If investor A got 3 property if A sold 1 property his next purchase is 15% ABSD, the market needs to drop (15%+4%-$15,400) ABSD+BSD about 20%.
Any Investor with the right mind will not be selling.
https://www.businesstimes.com.sg/rea...for-commercial
FRI, FEB 26, 2021 - 5:31 PM
KALPANA [email protected]@KalpanaBT
THE Singapore government has cut the development charge (DC) rates for the commercial use group by an average of 1.5 per cent for the period March 1, 2021, to Aug 31, 2021.
However, on average, DC rates have been raised by 1.5 percent for landed residential use and 0.3 percent for non-landed residential use.
https://scontent.fsin3-1.fna.fbcdn.n...1c&oe=6061CC6C
$980psmx6,230.2sqm=$6,105,596/265 units = $23,039 per unit
https://www.facebook.com/Teo.See.Hwa...21048357491532