Since January 2014, developers have launched 42 private condos. 2014 was a tough year as the Cooling Measures drove down price and transaction volume.
How has each of the 42 new launches performed?
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Since January 2014, developers have launched 42 private condos. 2014 was a tough year as the Cooling Measures drove down price and transaction volume.
How has each of the 42 new launches performed?
Recent cooling measures have clipped the wings of the once-soaring private property market in Singapore.
Tough measures such as a total debt servicing framework, which restricts a borrower’s monthly debt repayments to at most 60 per cent of his gross monthly income, has driven some buyers to aim for smaller homes with cheaper total prices.
Here's a look at how private home sales and prices have changed with each round of curbs.