ZADC
Return of cooling measures for S’pore property
Just days after Singapore’s monetary authority fired a warning shot across the bow of the country’s overheating market, the government announced that it would raise the additional buyer’s stamp duty (ABSD) and tighten loan-to-value (LTV) limits on residential property purchases. While the move comes as a surprise to many,... Read more
Lion city not ready to lift cooling measures
Despite pressure from consumers, The Monetary Authority of Singapore (MAS) believes that it is still too early for the government to consider lifting the stringent property cooling measures currently in place. According to local news reports from the Island Republic, the managing director of MAS Ravi Menon said the... Read more