18/12/2021
Private properties and HDB prices have recorded remarkable growth in 2021. While the government promotes a stable and sustainable real estate market, cooling measures are in place to ensure that property prices do not run ahead of economic fundamentals.
The last cooling measures were introduced in 2018. But more recently, a package of cooling measures was effected on 16 Dec 2021, in a bid to reduce the upward price momentum seen in the real estate market. This week’s topic will cover what measures were introduced, and what can we expect in 2022!