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SG-Cooling-Measures-2022

The introduction and increase of the notorious ABSD, and tightening of the TDSR (Total Debt Servicing Ratio)—the latest as recent as Dec 2021—has resulted in bruising upfront payments for Singaporeans of 17%-25% of the property price for subsequent properties, with even more crippling rates for Singapore PRs and foreigners at 25%-30% and 30%, respectively. Source: Singapore Business Times

The introduction and increase of the notorious ABSD, and tightening of the TDSR (Total Debt Servicing Ratio)—the latest as recent as Dec 2021—has resulted in bruising upfront payments for Singaporeans of 17%-25% of the property price for subsequent properties, with even more crippling rates for Singapore PRs and foreigners at 25%-30% and 30%, respectively.
Source: Singapore Business Times

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