Singapore moves to curb private housing boom

Central Banking Newsdesk
10 Jul 2018

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Singapore has announced a string of cooling measures to keep residential property prices “in line with economic fundamentals”.

The measures include an increase of five percentage points in the additional buyer’s stamp duty and a cut of five percentage points in the maximum loan-to-value (LTV) limits, according to a joint statement issued by the Monetary Authority of Singapore, Ministry of Finance and Ministry of National Development of Singapore on July 5.

Since peaking in 2013, property

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