Tag Archives: property measures impacts

Interactive Chart on Property market impacts

http://www.straitstimes.com/news/business/more-business-stories/story/interactive-charts-impact-singapores-property-cooling-meas

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.

This interactive Chart by Straits Times gives a macro view at how private home sales and prices have changed with each round of curbs