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Watch out for the breaking news happening in the industry and SGBC’s latest developments.
 

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The Government announced a package of measures to cool the private residential and HDB resale markets. With effect from 16 December 2021, Additional Buyer’s Stamp Duty (ABSD) rates will be raised, and the Total Debt Servicing Ratio (TDSR) threshold will be tightened. The Government will also tighten the LTV limit for loans from HDB from 90% to 85%. In addition, the Government will increase public and private housing supply to cater to demand.

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