17 December
Cooling Measures Ups Pressure on Property Developers – Meanwhile, ABSD for entities buying residential property has been raised to 35% from 25%. For developers, there’s an additional 5% that is non-remittable on top of the 35% ABSD. The Real Estate Developers’ Association of Singapore (Redas) responded to the government’s latest property cooling measures as ‘tough’ […]
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16 December
SINGAPORE – Property Cooling measures – higher ABSD, HDB loan limits lowered. In a statement late last night by Ministry of National Development (MND), the ABSD rate will go up from 12 to 17 per cent for citizens buying their second residential property, and from 15 to 25 per cent for those buying their third […]
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