Property Cooling Measure & the 13 Impacts onto the Singapore Property Market?

Video description from @alanweeproperty

Property Cooling Measure & the 13 Impacts on the Singapore Property Market?

In the early morning of 27 April 2023. The government announces to introduce higher Additional Buyer’s Stamp Duty (ABSD) rates for residential properties in Singapore. What are the measures? What are the reasons behind it? How will it affect you if you are a property seller? What if you are a buyer? Will there be lobang for you ahead? And lastly, I will discuss the 13 impacts on the Singapore property market.

https://wa.me/+6592973150
Alan Wee l #AlanWeeProperty
(65) 9297 3150 I CEA Reg No. R024730A
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty

References:
https://www.mnd.gov.sg/newsroom/press-releases/view/measures-for-a-sustainable-property-market

https://www.ura.gov.sg/Corporate/Media-Room/Media-Releases/pr23-07

https://www.mnd.gov.sg/newsroom/press-releases/view/joint-mas-mnd-hdb-press-release-measures-to-promote-sustainable-conditions-in-the-property-market-by-ensuring-prudent-borrowing-and-moderating-demand

https://www.mnd.gov.sg/newsroom/press-releases/view/measures-to-cool-the-property-market

https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/foreigners-eligible-for-absd-remission-under-free-trade-agreements-(ftas)
https://www.businesstimes.com.sg/property/cdls-newport-residences-preview-postponed-developers-take-stock-absd-hikes
https://www.todayonline.com/singapore/absd-rates-doubled-foreign-buyers-achieve-effective-dampener-smaller-spikes-suffice-price-sensitive-locals-desmond-lee-2159921?fbclid=IwAR2tiRjuZQ8zmhp_StzzLXPUrLKeJPtI1f23Fow6my0FmKTn3I3w2hu4sqo