Author: cptan

This author has written 45 articles
Read more about the article Raising ABSD Rates, Tightening TDSR & LTV Limits: 16Dec2021
Change in Rules

Raising ABSD Rates, Tightening TDSR & LTV Limits: 16Dec2021

Measures To Cool The Property Market Published Date: 15 December 2021 1   The Government announced today 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…

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December 17, 2021
Read more about the article Singapore Property No Irrational Exuberance
News

Singapore Property No Irrational Exuberance

Where does Singapore Property Prices stand in 2021? Singapore was able to keep house price and income growth aligned. But in 2018, stronger price growth kicked in as Singapore benefited from higher foreign demand. This year, valuations have increased slightly, and the market is slightly overvalued.Source:  UBS Global Real Estate Bubble Index 2021 | UBS Global No irrational exuberance From mid-2020 to mid-2021, Singapore registered its second-strongest annual price growth over the last…

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October 7, 2021
Read more about the article Private Home Prices increased by 2.1% in 4Q2020
Market Trend

Private Home Prices increased by 2.1% in 4Q2020

4th Quarter 2020 Home Price Index Private home prices in Singapore increased by 2.1 percent quarter-on-quarter in the fourth quarter of 2020, in line with a preliminary estimate and after a 0.8 percent growth in the previous period. This was the third straight quarter of increase in private home prices, as the government reopen the economy following a COVID-19 crisis. Prices of non-landed properties surged 3.0 percent, after increasing by…

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January 23, 2021
Read more about the article Market Trend for Private Residential – 3Q2020
Market Trend

Market Trend for Private Residential – 3Q2020

Source: Business Times 24 Oct 2020 Further Analysis: Non Landed Residential Property - Apartments & Condominium Sales Volume was flat on a month over month basis but higher on a quarter over quarter and year-on-year basis. Compared to last month, Sep 2020 volume was almost flat at 2116 units vs 2123 in Aug 2020. Demand for Developers' Sales continue to be strong despite the economic downturn, partly contributed by the…

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October 26, 2020
Read more about the article UBS Global Real Estate Bubble Index 30 Sep 2020
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UBS Global Real Estate Bubble Index 30 Sep 2020

Where does Singapore Property Prices stand in 2020?  Fair Valued & Stable Again Attractive mortgage rates, balanced market fundamentals, and resilient demand should limit the downside. https://www.ubs.com/global/en/wealth-management/chief-investment-office/life-goals/real-estate/2020/global-real-estate-bubble-index.html https://www.ubs.com/global/en/media/display-page-ndp/en-20200930-ubs-bubble-index-2020.html

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October 13, 2020
Read more about the article Market Trend for Private Residential – 2Q2020
Market Trend

Market Trend for Private Residential – 2Q2020

Non Landed Residential Property - Apartments & Condominium Sales Volume was higher on a month over month basis but lower on a quarter over quarter and year-on-year basis.Compared to last month, Jun 2020 volume was higher by 624 units or 103.8%. (1225 in Jun 2020 vs 601 in May 2020). This was contributed by pent up demand in New Sale after 2 months of weak sales in April and May…

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July 22, 2020
Read more about the article Singapore Retains Top Spot as World’s Most Competitive Economy
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Singapore Retains Top Spot as World’s Most Competitive Economy

In the latest edition of the IMD World Competitiveness Ranking, Singapore has held on to its No.1 position for a second straight year in the annual list of 63 economies that analyses their ability to generate prosperity. Factors behind Singapore's success includes Its strong economic performance arising from robust international trade and investment, employment and labour market measuresthe relative ease of setting up businessthe availability of skilled labourcutting-edge technological infrastructurestable…

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June 17, 2020