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Thread: 2021 Cooling measures

  1. #1
    Join Date
    Apr 2009
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    Default 2021 Cooling measures

    Looks like government going to launch another wave of cooling measure admist the pandemic. Any thoughts of the new rules to be introduced?

  2. #2
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    Default Re: 2021 Cooling measures

    Only those who cannot buy wait for cooling measures.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  3. #3
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    Default Re: 2021 Cooling measures

    Quote Originally Posted by tick View Post
    Looks like government going to launch another wave of cooling measure admist the pandemic. Any thoughts of the new rules to be introduced?
    most probably something to do with cheap loan now. Dbs offering 5 year fixed at 1.4%

  4. #4
    Join Date
    May 2008
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    9,279

    Default Re: 2021 Cooling measures

    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.

  5. #5
    Join Date
    Jul 2013
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    172

    Default Re: 2021 Cooling measures

    Quote Originally Posted by bargain hunter View Post
    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.

    Market especially new launches look quite hot
    Resales in good locations moving well
    Some new CM may cool the rush a bit

  6. #6
    Join Date
    Feb 2021
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    1

    Default Re: 2021 Cooling measures

    Govt should consider targeted response ie more stringent mortgage requirement and mandate larger units being sold by Developers instead of just raising ABSD.

    smartcamerasg

  7. #7
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    Default Re: 2021 Cooling measures

    Quote Originally Posted by Singlite View Post
    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.

    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.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  8. #8
    Join Date
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    Posts
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    Default Re: 2021 Cooling measures

    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.



    $980psmx6,230.2sqm=$6,105,596/265 units = $23,039 per unit

    https://www.facebook.com/Teo.See.Hwa...21048357491532
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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