En-bloc market to collapse following ABSD rate hike
#1

En-bloc market to collapse following ABSD rate hike: analyst
Singapore increased the ABSD for all residential statuses by 3% to 30%.

The steep hike in the Additional Buyer's Stamp Duty (ABSD) will likely hurt the en-bloc market, which has already been slowing down before the implementation of the latest cooling measure, according to Vijay Natarajan, an analyst from RHB.

https://sbr.com.sg/residential-property/...ke-analyst

8Umbrella Umbrella
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#2

Collapse lo. Let it be. It won't affect anyone. Some might be able to sleep in peace.
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#3

Huh absd can strike on land and estate ?
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#4

heard many are now eyeing Sydney properties liao
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