S1E122: Buyers may adopt wait-and-see attitude to property cooling measures: The Big Story Ep 122

The Straits Times Podcasts · Dec 17, 2021 · 7m

The Big Story Ep 122: Buyers may adopt wait-and-see attitude to property cooling measures

7:46 mins

Synopsis: This is a special episode of The Straits Times' video series The Big Story, hosted by Hairianto Diman and Olivia Quay.

At close to midnight on Wednesday (Dec 15), Singapore announced a new round of property curbs to cool the private residential and Housing Board resale markets after prices surged despite the Covid-19 pandemic.

With effect from Thursday (Dec 16, 2021), additional buyer's stamp duty rates will be raised, and the total debt servicing ratio threshold will be tightened…