The persistent concern of residents in Singapore has centered around the availability and affordability of housing. The escalation of prices in both private properties and the HDB resale market, resulting in considerable buyer apprehension and triggering the enforcement of several cooling measures, has been offset by recent data reflecting a tendency toward price moderation in both these sectors.

The latest round of cooling measures announced on late Wednesday, 26th April further raises the ABSD (Additional Buyer’s Stamp Duty) for those purchasing their 2nd home onwards. Continue reading to discover the precise extent of this increment and how it could impact your property buying decisions, along with other updates to the real estate market you should know about.

The FY2023 Budget Statement delivered on 14 February, Valentine’s Day this year mainly ‘revolved around moving forward in a new era’. Alongside the introduction of a list of support measures for Singaporeans and better equipping workers, one change that affected the real estate industry was the increase in Buyer's Stamp Duty (BSD) rates for higher-value properties. Read on to find out more about how this would affect you, along with other changes to existing housing policies.

One major concern in 2022 was the constant uphill trend of property prices, which led to the implementation of another round of cooling measures as discussed in one of our previous articles. Despite rising interest rates and general inflation, demand for housing continues to surge. Read on to find out what the housing supply is projected to be like in 2023.