31 Dec '14, 3am

An article that comes in timely as we countdown to the last few hours of 2014! The TOP 8 property news!

Before the government’s budget for 2014 was announced in February by Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam, real estate experts were hopeful that the authorities would either revise or roll back the stringent property cooling measures as it was already achieving its desired results. In particular, they wanted the government to tweak or scale back the Total Debt Servicing Ratio (TDSR) framework as its dragging down property prices and transaction volumes, likewise for the Seller’s Stamp Duty (SSD) and Additional Buyer’s Stamp Duty (ABSD) because they are severely curtailing sub-sales and foreign property buyers.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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