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Private condo resale price every month went up >1%. Upto May already increased 6%! Huat Ah!
- Thread starter ginfreely
- Start date
Why not? Smaller scale less money but still philanthropist no less.KGK 就是 KGK. Comparing your low life to Elon...Lol
Nothing to do with money. It's intellect. Really KGK. Lol
Nothing to do with money. It's intellect. Really KGK. Lol
No one is talking about having same intellect as him. I never even claim to read non fiction books unlike you that claimed to read book on decluttering but boasts of 100 clones. That’s a sure sign of lack of intellect.
According to Gin, it will rise and rise and she becomes a rich rich woman, hoping to bring all her money worshipping wealth to the next world..
The big smile is mesmerising but I can’t help looking down. These twin combo is lethal. It is a fatal attraction .
Not so fast when it hasn’t even gone up enough!
According to Gin, it will rise and rise and she becomes a rich rich woman, hoping to bring all her money worshipping wealth to the next world..
Come to think of it with this world full of bastards undeserving of my help, I should just bring all up to heaven indeed.
Instead of releasing the cooling measures, more have just been imposed! Pap is always pulling me down!
Higher stamp duty rates for home purchases and tighter loan limits
The latest cooling measures come amid an increase in private residential prices of 9.1 per cent over the past year.ST PHOTO: KUA CHEE SIONG
PUBLISHED
27 MIN AGO
SINGAPORE - The Additional Buyer's Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on home purchases will be increased to cool the property market and keep price increases in line with economic fundamentals, said the Government on Thursday evening (July 5).
There is no change for Singapore citizens and Singapore permanent residents buying their first residential property with rates remaining at 0 per cent and 5 per cent, respectively.
However, for all other individuals, ABSD will be raised by 5 percentage points. For entities, including companies, ABSD will be raised by 10 percentage points.
The changes take place on July 6.
The latest cooling measures come amid an increase in private residential prices of 9.1 per cent over the past year.
After declining for close to four years, private home prices started rising in the third quarter of last year. The sharp increase in prices, if left unchecked, could raise the risk of a destabilising correction in the future, especially with rising interest rates and the strong pipeline of housing supply, said the Ministry of Finance, Ministry of National Development and Monetary Authority of Singapore in a joint press statement.
Loan-to-value limits will be tightened by 5 percentage points for all housing loans granted by financial institutions. For example, before the change, for the first housing loan, a borrower could borrow up to 80 per cent (or 60 per cent if the loan tenure is more than 30 years, or extends past age 65) . Now, the limits have been reduced to 75 per cent (or 55 per cent).
Related Story
Singapore Budget 2018: Higher stamp duty not a cooling measure, say analysts
These revised LTV limits do not apply to loans granted by HDB.
The latest cooling measures come amid an increase in private residential prices of 9.1 per cent over the past year.ST PHOTO: KUA CHEE SIONG
PUBLISHED
27 MIN AGO
SINGAPORE - The Additional Buyer's Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on home purchases will be increased to cool the property market and keep price increases in line with economic fundamentals, said the Government on Thursday evening (July 5).
There is no change for Singapore citizens and Singapore permanent residents buying their first residential property with rates remaining at 0 per cent and 5 per cent, respectively.
However, for all other individuals, ABSD will be raised by 5 percentage points. For entities, including companies, ABSD will be raised by 10 percentage points.
The changes take place on July 6.
The latest cooling measures come amid an increase in private residential prices of 9.1 per cent over the past year.
After declining for close to four years, private home prices started rising in the third quarter of last year. The sharp increase in prices, if left unchecked, could raise the risk of a destabilising correction in the future, especially with rising interest rates and the strong pipeline of housing supply, said the Ministry of Finance, Ministry of National Development and Monetary Authority of Singapore in a joint press statement.
Loan-to-value limits will be tightened by 5 percentage points for all housing loans granted by financial institutions. For example, before the change, for the first housing loan, a borrower could borrow up to 80 per cent (or 60 per cent if the loan tenure is more than 30 years, or extends past age 65) . Now, the limits have been reduced to 75 per cent (or 55 per cent).
Related Story
Singapore Budget 2018: Higher stamp duty not a cooling measure, say analysts
These revised LTV limits do not apply to loans granted by HDB.
@ginfreely .. songbo? Lol
Bump for @ginfreely.. soon you will curse MAS putting obstacles to your greed. Lol
Ya right I plan to take my gold bars to my grave but they are stopping me!Bump for @ginfreely.. soon you will curse MAS putting obstacles to your greed. Lol
Song boh? MAS impose new ABSD to dilute your greed. Lol
It’s ok lah maybe the foreigners with no money to buy RCR after the 5% increase will turn to buy OCR instead. Huat Ah!Song boh? MAS impose new ABSD to dilute your greed. Lol
Lol
20% ABSD. ... My AT and ATB friends all run far far riao. They are all looking at HCMC now if you want to know where the funds are flowing...Lol
Song song..Enbloc deals will go haywire, and SC second home buyers mood dampened with 12%. Every $1m is additional $120k. Lol
The only consolation for you Mdm Gin is SPR buying first property. You pray they grant more PRs PMETs who can afford that 5% no change ABSD. LOL
The only consolation for you Mdm Gin is SPR buying first property. You pray they grant more PRs PMETs who can afford that 5% no change ABSD. LOL
PAP really knows where to suck people monies . You buy can, but now you pay more to me.
Maybe they lost monies because of the HSR postponement .
Maybe they lost monies because of the HSR postponement .
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