National Development Minister Desmond Lee says the latest round of cooling measures of ABSD rate hike is aimed at preventing property prices from being pushed up by investors and prioritizing Singaporeans buying homes for owner-occupation.

Following that announcement, buyers from China bought 4 units of the Blossoms By The Park at the weekend, despite having to pay the 60 percent additional buyer’s stamp duty (ABSD) rate that kicked in on Apr 27 for foreign buyers of any residential property here.

How effective will this latest cooling measure be? How will developers react and how will it affect upcoming launches?

Lynlee Foo and Ryan Huang find out from Nicholas Mak, Chief Research Officer, MOGUL.sg - a real estate platform.

This podcast is produced by Ryan Huang and edited by Yeo Kai Ting (ykaiting@sph.com.sg)

National Development Minister Desmond Lee says the latest round of cooling measures of ABSD rate hike is aimed at preventing property prices from being pushed up by investors and prioritizing Singaporeans buying homes for owner-occupation.
Following that announcement, buyers from China bought 4 units of the Blossoms By The Park at the weekend, despite having to pay the 60 percent additional buyer’s stamp duty (ABSD) rate that kicked in on Apr 27 for foreign buyers of any residential property here.
How effective will this latest cooling measure be? How will developers react and how will it affect upcoming launches?
Lynlee Foo and Ryan Huang find out from Nicholas Mak, Chief Research Officer, MOGUL.sg - a real estate platform.
This podcast is produced by Ryan Huang and edited by Yeo Kai Ting (<a href="mailto:ykaiting@sph.com.sg">ykaiting@sph.com.sg</a>)

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 

Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am. 
Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.

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