14 Jan '11, 1pm

Property cooling measures hit private property market

SINGAPORE : The latest round of property cooling measures which kicked in Friday appears to have caused a knee-jerk reaction from the private property market. Channel NewsAsia understands that some sellers even rushed to close deals before midnight to avoid the new rules. Others pulled their properties from the market. To 36-year-old Christopher Ng, the new measures were welcome news as he hopes prices will soon soften. The first-time private property buyer has been looking for a home for the past six months, but was put off by high prices and small units. But, he now faces a new dilemma. "My other agents actually called me and said that most of the listings have been delisted, and so the supply actually has shrunk," he said. The tightening measures have sent shockwaves through the market, with some rushing to close deals before midnight. Mr Ng said he was rushed by his ag...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

Tweets

The S'pore Govt has announced more property coo...

straitstimes.com 13 Jan '11, 10am

The Government announced the fourth round of property cooling measures to 'maintain a stable and sustainable property mark...

More property market measures announced

channelnewsasia.com 13 Jan '11, 10am

SINGAPORE: The Government has announced more measures to maintain a stable and sustainable property market. From Friday, t...

New cooling measures but ...: It could force so...

todayonline.com 14 Jan '11, 12am

SINGAPORE - More restrictions to curb the sizzling property market were unveiled yesterday by the Government, five months ...

New home loans and property launches to be hit:...

todayonline.com 14 Jan '11, 12am

SINGAPORE - A knee-jerk reaction to the latest round of property cooling measures is expected to hit banks and developers ...

SGP cools the Property market further.Realty St...

todayonline.com 14 Jan '11, 10pm

SINGAPORE - Singapore property stocks took a beating on Friday, one day after the Government unveiled new property cooling...

Home Buyer News: What the Govt property measure...

todayonline.com 14 Jan '11, 11pm

With the latest round of Government measures, there might be concerns among first-time home buyers, those looking to upgra...

The Government announced today the following me...

mas.gov.sg 13 Jan '11, 2pm

9 The LTV limit is lowered from 70% to 60% with effect from 14 January 20118 for borrowers who are individuals and have on...

REDAS says measures will discourage property sp...

channelnewsasia.com 13 Jan '11, 3pm

SINGAPORE : The Real Estate Developers' Association of Singapore (REDAS) has said the latest measures taken by the governm...

Home Business Property Will cooling measures wo...

todayonline.com 20 Jan '11, 10pm

Government measures are most effective when they are unexpected. That was why I concluded last week that the single most e...

Property curbs push down share prices of develo...

channelnewsasia.com 14 Jan '11, 2pm

SINGAPORE: Share prices of major developers like CapitaLand and City Developments took a beating on Friday, a day after th...

DTN Singapore: Singapore shares end 0.35% lower...

channelnewsasia.com 14 Jan '11, 11am

SINGAPORE - Singapore shares ended 0.3% weaker on Friday, as the government's latest property-cooling measures pushed down...

Property curbs are calibrated, targeted, pre-em...

channelnewsasia.com 15 Jan '11, 2pm

SINGAPORE: National Development Minister Mah Bow Tan said the latest property cooling measures were not meant to crash the...

China to cool property market

China to cool property market

channelnewsasia.com 23 Jan '11, 5am

BEIJING: China is to expand its limits on property purchases to second and third-tier cities, a report said Sunday, as it ...

Restoring sanity to property prices: Ku Swee Yo...

todayonline.com 20 Jan '11, 10pm

When the latest property measures were unveiled on Jan 13, it took most market watchers by surprise, mainly because we had...

Property investment sales market up in Q4 last ...

channelnewsasia.com 24 Jan '11, 1pm

SINGAPORE : Property consultant Colliers International said Singapore's property investment sales market strengthened furt...