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
Singapore’s Monetary Authority not budging on cooling measures
In what could be seen as a blow to optimism among developers in the Island Republic, the Monetary Authority of Singapore (MAS) recently announced that the country’s property cooling measures are here to stay. The move goes against the grain of expectations from the market, which has been performing... Read more
Titijaya Land makes foray into affordable segment
Titijaya Land Bhd is the latest in a cluster of notable developers that are making a move into the affordable housing segment, indicating that the industry is now gradually aligning itself with current market demand. The move by Titijaya Land comes in the form a proposed RM2.4 billion project... Read more
HK property stocks fall on stamp duty hike
Shares in Hong Kong developers were battered on Nov 7 after the city’s leaders raised stamp duty to try to cool runaway home prices, AFP reported. It said the government slapped a 15 per cent tax on all residential purchases, almost double the previous 8.5 per cent, except for... Read more
Making housing affordable to the rakyat
BY The National House Buyers Association The National House Buyers Association (HBA) acknowledges the challenges faced by the prime minister in tabling Budget 2017 in view of the slowdown in the global and regional economies and steep drop of the ringgit. HBA’s wish list to stem excessive speculation in the property sector that had caused the... Read more