Video description from @marcusluahsg
In today’s video, I’m sharing my honest take on the announcement of a new cooling measure from the government, starting July 2025 where selling stamp duty (SSD) is reverted back to 16%. I will be talking about what this cooling measure is about, how the market reacted during previous cooling measures and lastly, what you should be doing as a buyer and seller in today’s market.
TimeStamp:
0:00 Introduction
1:07 Video Sequence
1:21 What is this cooling measure about
2:29 What happened during previous occurrences
2:37 Q1 2010
2:52 Looking at past transactions before cooling measures
4:03 SSD in 2010
4:50 Why the government do not want people to land bank
5:11 Foreigners ABSD from Q4 2011
6:33 Did SSD cost prices to drop?
7:12 3 Golden Principles
8:39 For buyers looking to buy a resale property
9:12 My recommendation for discerning buyers
9:40 For sellers
10:23 Final thoughts
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