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.
Tagged in:
Additional Buyers Stamp Duty ABSD
Housing Mortgage Loan tenure
Monthly household income
Monthly mortgage repayments
Mortgage Loan Curbs
New launch of Private Condominiums
Overall Singapore Residential Price Index
Private Residential PPI in Core Central Region CCR
Private Residential PPI in Outside Central Region OCR
Private Residential PPI in Rest of Central Region RCR
Property prices in City Centre
Property prices in City Fringe
Property prices in Suburbs
Resale Market
Sellers Stamp Duty SSD
Singapore Property Cooling Measures
Total Debt Servicing Ratio TDSR