Yesterday (December 15) right before midnight, the government announced new property cooling measures, with higher ABSD (Additional Buyer’s Stamp Duties), lowered LTV (Loan-to-Value) and tightened TDSR (Total Debt Servicing Ratio). The predictable pattern to impose new curbs We had the last round of cooling measures just three years ago in July 2018. Let’s recall the… [read more]
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