Time is hot to remove one cooling measure

[dancingshoes]

Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.

http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure

 

[MovieStar]

Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.

http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure

yeah! can huat in property liao

 

[dancingshoes]

yeah! can huat in property liao

this article is just a piece from an property observer, not the authority.

 

[MovieStar]

this article is just a piece from an property observer, not the authority.

yes, i knew.
fat hope la.

btw dj up 200++ this morning, seem like some investors bet on no hike on interest rate.

 

[dancingshoes]

yes, i knew.
fat hope la.

btw dj up 200++ this morning, seem like some investors bet on no hike on interest rate.

the most critical is the CPI later tonite, it is the main factor whether fed will hike rate on thursday or not. if inflation is too low, they will not hike. if cpi shows good data, most likely, they will hike.

 

[blissquek]

Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.

http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure

Removing ABSD will only benefit the developers more...helping them to clear their existing stocks without cutting prices.

The likelihood of a ABSD removal will only happen if the private property prices has eased more than 10 per cent. The government holds the view that it is better to help the masses to get their properties at a more affordable prices than to help the few rich developers maintain their wealth.

Do u agree..??

 

[dancingshoes]

Removing ABSD will only benefit the developers more...helping them to clear their existing stocks without cutting prices.

The likelihood of a ABSD removal will only happen if the private property prices has eased more than 10 per cent. The government holds the view that it is better to help the masses to get their properties at a more affordable prices than to help the few rich developers maintain their wealth.

Do u agree..??

sibor rate is so high now, even they take the ABSD off, only the cash rich will be able to buy and pay one time. the rest will just stay on the sideline.

 

[dancingshoes]

http://www.businesstimes.com.sg/rea...-unlikely-to-affect-cooling-measures-analysts

Aug slump in new home sales unlikely to affect cooling measures: analysts

 

[JHolmesJr]

this article is just a piece from an property observer

you mean a cunt of a real estate agent?

 

[harrych]

you mean a cunt of a real estate agent?

Yes it was Wendy and you are so fkin spot on.

 

[blackalley]

Blackalley F buddies.

 

[tryharder]

The mortgage rates are high enough to deter blind speculation. For the revision, perhaps to lower the levy instead of removing it altogether. you can never predict the impact to the economy with a sudden removal. Lower it again after some time of observation.

Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.

http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure