new cooling measures effective 8dec 2011

[Geylang OKT]

From what I am reading here, any dip in price will be short-lived.... too many vultures.

anyway, smart eagles will not swoop in for the kill till a couple of years later

[ysyap]

Wahahahahahaha!!!! their evil strategy totally backfired!

First it was SL who destroyed the ECs for developers, now its Capitaland at Bedok Residence? Wahahaha!

High on the wanted list of developers

1. Sim Lian
2. Capitaland
3. ???

[Geylang OKT]

Interesting to read this Sat's papers on property advertisements!

Firesale! Lelong 50% discount and still negotiable!

[jwong71]

anyway, smart eagles will not swoop in for the kill till a couple of years later

it shld be as: no stupid ass wanna caught in a spiral CM trend

[phantom_opera]

SL Bukit Panjang plot, Watertown, Bishan CAPL, Thomson Grand, D Leedon death penalty straight ...

Silversea can still sell 2.2kpsf

[reefy]

There should be quite a number of foreigners buying by tonight....

[Geylang OKT]

There should be quite a number of foreigners buying by tonight....

More likely not buying till the dust settles down. Why rush to buy tonight when you can get the same devt at maybe 20% to 30% cheaper a couple of months down the road?

[mygeemeel]

If i am a foreigner, i will quickly sign on the dotted line today or back date otherwise kena high stamp duty.

[kane]

So is it based on option date or excercise date?

[buttercarp]

If i am a foreigner, i will quickly sign on the dotted line today or back date otherwise kena high stamp duty.

Yeah, like the foreigners whose children will be starting school next year.

[devilplate]

Bedok residences culprit ... 1350psf sold 80% in 2d and big big news about queuing up must have alarmed the PAP ... the buyers deserved to be punished lol

Luckily launch high high px ar! If not i goto forfeit 1.25% kopi $$$$

[taggy]

So is it based on option date or excercise date?

The ABSD will take effect on 8 Dec 20113. Remission of ABSD will be given for options granted on or before 7 Dec 2011 and exercised within 3 weeks (i.e. on or before 28 Dec 2011) or the option validity period, whichever is the earlier.

[testtest]

Why now??? when it seems that everyone knows the mkt is going to cool down in the coming months...Why pull handbrake now?? Why why why

[devilplate]

More likely not buying till the dust settles down. Why rush to buy tonight when you can get the same devt at maybe 20% to 30% cheaper a couple of months down the road?

Ya la....they count themselves lucky to save the 1% deposit haha

[devilplate]

Why now??? when it seems that everyone knows the mkt is going to cool down in the coming months...Why pull handbrake now?? Why why why

Cap gain tax also introduced just b4 97 crash.....hint hint liao

This CM will accelerate the rate of crash!

[buttercarp]

The ABSD will take effect on 8 Dec 20113. Remission of ABSD will be given for options granted on or before 7 Dec 2011 and exercised within 3 weeks (i.e. on or before 28 Dec 2011) or the option validity period, whichever is the earlier.

Thanks for the info, taggy.
LOL....!!!
Will Earth still exist?

[kane]

The ABSD will take effect on 8 Dec 20113. Remission of ABSD will be given for options granted on or before 7 Dec 2011 and exercised within 3 weeks (i.e. on or before 28 Dec 2011) or the option validity period, whichever is the earlier.

So those BR buyers have gotten away...

[buttercarp]

So those BR buyers have gotten away...

If most are HDB upgraders, then they won't be affected anyway.

[devilplate]

So those BR buyers have gotten away...

They r damn suay to commit just b4 this CM....1.25% is 10k+ leh.....lol

[mcmlxxvi]

The ABSD will take effect on 8 Dec 20113. Remission of ABSD will be given for options granted on or before 7 Dec 2011 and exercised within 3 weeks (i.e. on or before 28 Dec 2011) or the option validity period, whichever is the earlier.

as long as exercise date not reached, can backdate the option signing date right

[Eastboy]

Good move by govt. think long term guys! We want serious foreign investors, not flight speculators that flee at any shakeup. Pple are exiting the money markets and there's a huge flood of liquidity flowing into our shores. Our govt need to act fast and this is swift and commendable. Developers ( FEO, pls hear this) will also stop inflating psfs that suit the Chinese market eg 1600psf at Telok Kurau!!!

[taggy]

as long as exercise date not reached, can backdate the option signing date right

Army teaches 'do anything as long as dun get caught'

[devilplate]

Good move by govt. think long term guys! We want serious foreign investors, not flight speculators that flee at any shakeup. Pple are exiting the money markets and there's a huge flood of liquidity flowing into our shores. Our govt need to act fast and this is swift and commendable. Developers ( FEO, pls hear this) will also stop inflating psfs that suit the Chinese market eg 1600psf at Telok Kurau!!!

Lol.....

It is as good as saying our pte ppty foreigners r not eligible la....whahahaha

Serious foreign investors will buy elsewhere

Y pay unsubsidised pte ppty to get slammed wif higher stamp duty plus 4yrs mop....whahaha......hdb bestest! Whahahha

[teddybear]

Compare private to private mah. You want to compare HDB to HK public housing? HK even more lagi cheap!

Have to compare HK OCR with HDB prices. 80% (ie middle income) stay in HDB

[minority]

So those BR buyers have gotten away...

Well see how many chicken out and not exercise the option.

[devilplate]

Compare private to private mah. You want to compare HDB to HK public housing? HK even more lagi cheap!

I tot hk public housing not for sale and oly for rent? Just like our hdb rental flats?

[Laguna]

Not only foreign not buy
sg investors will go overseas as well

[devilplate]

Not only foreign not buy
sg investors will go overseas as well

Hey, msia fd only 3.x% rite?

[azeoprop]

Actually for a start, developers can give stamp duty rebate and maintain the price.

[devilplate]

Actually for a start, developers can give stamp duty rebate and maintain the price.

U still dare to buy? It further dampen the oredi weak weak sentiment