Ning Property

27/02/2022

2021. 🎉

11/02/2022

16/12/2021

The government has implemented the latest round of cooling measures targeted at the private residential and HDB resale markets, with effect from 16 December 2021.

The package of measures – comprising higher Additional Buyer’s Stamp Duty (ABSD) rates, tighter Total Debt Servicing Ratio (TDSR) threshold, and tighter LTV limits for HDB loans - affects all categories of buyers.

“We are not surprised that the government has rolled out fresh cooling measures as the market has been lively this year, with very robust sales and firmer prices. Generally, this set of measures will encourage home buyers to be more prudent with their purchases, amid concerns about impending interest rate hikes", said CEO Ismail Gafoor.

“The measures will certainly crimp the growth momentum in the property market in 2022. Given the hefty ABSD for foreigners, we expect the Core Central Region (CCR) to face more downward pressure, compared to the other sub-markets: Rest of Central Region (RCR) and Outside Central Region (OCR)", noted Head of Research & Content, Wong Siew Ying.

To find out how it will affect your property investment plans, speak to any PropNex salesperson today!

Read more: https://www.propnex.com/news-details/4701/latest-curbs-will-temper-growth-momentum-in-the-residential-market-in-2022-the-ccr-to-face-more-downward-pressure

MND Announcement: https://www.mnd.gov.sg/newsroom/press-releases/view/measures-to-cool-the-property-market

30/08/2021

THE Urban Redevelopment Authority (URA) has awarded a state tender for the 99-year leasehold commercial and residential site at Jalan Anak Bukit to Far East Organization and Sino Group, who jointly submitted the highest bid of around S$1.028 billion among the three shortlisted tenderers. Read more a...

30/05/2021

Thankful and grateful for the support from my clients. 🎉🎉🎉

Allow me to be part of your property journey too! 😊

Ning
+65 96723513

30/05/2021

The 34-year old bungalow is still in its original condition and the 19,990 sq ft plot is a rare opportunity to build up a brand new luxury GCB in District 9.

06/05/2021

Experts said the return to Covid-19 phase two curbs will help underpin demand.. Read more at straitstimes.com.

10/03/2021

Buyers may be considering resale condominiums as prices of new homes have been holding firm. . Read more at straitstimes.com.

25/02/2021

The district will be fully developed in 20 to 30 years.. Read more at straitstimes.com.