The story of success is often easy to spot, but few people will actually understand the years of hard work, pain, perseverance and occasional setbacks on the way to the top. For these highly ambitious entrepreneurs, who have dreamed big and worked hard to fulfil their vision for themselves, they are now the proud owners...
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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]
The post Property cooling measures, here we go again! appeared first on Property Soul.
In the wee hours of 11.45 pm on Wednesday (Dec 15), the government dropped the news of a fresh round of cooling measures slated to take effect from Thursday (Dec 16). The Additional Buyer’s Stamp Duty rates were raised by 5% to 15%, the Total Debt Servicing Ratio threshold was tightened to 55%, and the Loan-to-Value...
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