Singapore is raising property taxes in a bid to cool its red-hot housing market. 

It's stepping up Additional Buyer Stamp Duty (ABSD) rates for residential properties, in a fresh round of cooling measures aimed at curbing investment demand.

So what does this mean for the property market? And what does this mean for you and me? 

On What's Trending, Hongbin Jeong speaks to Alan Cheong, Executive Director, Research & Consultancy of Savills Singapore to find out more.



Highlights:
01:23 - Overview of the latest ABSD hike
02:49 - Were the previous cooling measures not enough?
03:48 - What does this mean for the upcoming property launches?
05:46 - How much will foreigners be affected?
07:23 - What's the outlook for Singapore's property market now?

Singapore is raising property taxes in a bid to cool its red-hot housing market. 
It's stepping up Additional Buyer Stamp Duty (ABSD) rates for residential properties, in a fresh round of cooling measures aimed at curbing investment demand.
So what does this mean for the property market? And what does this mean for you and me? 
On What's Trending, Hongbin Jeong speaks to Alan Cheong, Executive Director, Research &amp; Consultancy of Savills Singapore to find out more.
 
Highlights: 01:23 - Overview of the latest ABSD hike 02:49 - Were the previous cooling measures not enough? 03:48 - What does this mean for the upcoming property launches? 05:46 - How much will foreigners be affected? 07:23 - What's the outlook for Singapore's property market now?

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

What's Trending: Should you lose sleep over the latest hike in ABSD rates?

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Hannah Yulo Luccini, CEO of Hotel101 Global, tells us a bit more about how such projects work and how it is different from traditional time-shares with their Condotel project in Niseko, Japan. 

Have you heard of a condominium hotel or condotel?
As the name may imply, it is a condominium that operates as a hotel, which you could own because units within the hotel are individually owned and managed for you.
Hannah Yulo Luccini, CEO of Hotel101 Global, tells us a bit more about how such projects work and how it is different from traditional time-shares with their Condotel project in Niseko, Japan.

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On World Diabetes Day (14 Nov), Industry Insight takes a look into the healthcare technology industry and discuss trends specific to diabetes management with Dr. Kenneth Lee, Regional Medical Director, Abbott Diabetes Care, Abbott.

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On World Diabetes Day (14 Nov), Industry Insight takes a look into the healthcare technology industry and discuss trends specific to diabetes management with Dr. Kenneth Lee, Regional Medical Director, Abbott Diabetes Care, Abbott.

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On Industry Insight, we take a look at trends in the blockchain industry, particularly the ways technology is reshaping how traditional financial instruments are digitised and traded. Aaron Gwak, is the founder and CEO of Libeara, a technology service provider backed by Standard Chartered's venture arm, set up to assist institutions in digitalising financial instruments on blockchains. Aaron shares about the platform which aims to reduce the need for intermediaries and bring access, mobility and efficiency to global capital markets.

Tokenisation and on-chain finance are becoming buzzwords in the financial industry. Increasingly, more traditional financial institutions are taking collaborative and bolder steps towards a harmonious coexistence of the traditional and the digital.
On Industry Insight, we take a look at trends in the blockchain industry, particularly the ways technology is reshaping how traditional financial instruments are digitised and traded. Aaron Gwak, is the founder and CEO of Libeara, a technology service provider backed by Standard Chartered's venture arm, set up to assist institutions in digitalising financial instruments on blockchains. Aaron shares about the platform which aims to reduce the need for intermediaries and bring access, mobility and efficiency to global capital markets.

What's Trending: Should you lose sleep over the latest hike in ABSD rates?

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