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>)

From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

Start your day with the stories shaping Singapore — and your place in it.

Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what’s happening — and what’s worth your attention.

And it’s not just talk — it’s your voice. Through polls, messages, and live call-ins, listeners are part of the conversation, sharing their views and shaping the discussion in real time. With a mix of clarity, curiosity, and personality, Let’s Talk, Singapore keeps you informed, connected, and ready for the day ahead.

Start your day with the stories shaping Singapore &mdash; and your place in it.
Join Neil Humphreys and Audrey Siek as they cover the biggest headlines, trending topics, and everyday conversations, unpacked through fresh perspectives, expert insights, and engaging discussion. From current affairs and social issues to lifestyle trends and community voices, each segment offers a different lens on what&rsquo;s happening &mdash; and what&rsquo;s worth your attention.
And it&rsquo;s not just talk &mdash; it&rsquo;s your voice. Through polls, messages, and live call-ins, listeners are part of the conversation, sharing their views and shaping the discussion in real time. With a mix of clarity, curiosity, and personality, Let&rsquo;s Talk, Singapore keeps you informed, connected, and ready for the day ahead.