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More bark than bite but easing of measures a major sentiment booster

PC Lee
PC Lee3/14/2017 04:39 PM GMT+08  • 2 min read
More bark than bite but easing of measures a major sentiment booster
SINGAPORE (March 14): The Singapore Government surprised the market with a modest easing of the existing property market measures.
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SINGAPORE (March 14): The Singapore Government surprised the market with a modest easing of the existing property market measures.

This involved calibrated adjustments to the Seller's Stamp Duty (SSD) and Total Debt Servicing Ratio (TDSR) framework.

The core elements of the property market measures aimed at financial prudence like Additional Buyer Stamp Duties (ABSD) and Loan to Value (LTV) limits, however, remained unchanged.

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