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Explore the potential impact of further cooling measures and how it could shape Singapore’s property market and housing affordability.

December 20, 2024

Could New Cooling Measures Hit Local First-Time Homebuyers? A Look At Singapore’s Current Property Landscape

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …