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.