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Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.
Government bumps up supply of private homes for full-year 2023 to highest in a decade. Orchard Road, Zion Road sites among 8 state land plots to be offered in H2 for private housing. Charming Garden makes third and final bid at collective sale with same S$175 million guide price. When new condo units are pricier than older ones by over 70 per cent. New private home sales up 17% in May from April, on the back of a doubling in launches.

Singapore new property cooling measures: Higher ABSD rates, tighter loan limits

Expect the unexpected, they always say. But, they did not mention to expect new directives being introduced slightly before midnight on the 15th of December 2021. Perhaps the routine of dropping new directives in an instant on new COVID-19 regulations has become a habit. Most would have been asleep while the news were released, but fret not, we are here to cover the details of how the New Property Cooling Measure may affect you.