Singapore

Noting that property prices have continued to rise despite earlier curbing measures, the Singapore government announced a slew of new policies in late August to temper sentiments and encourage greater financial prudence amongst property buyers. These measures include increasing the holding period imposition of the Seller's Stamp Duty from one year to three years - increasing the upfront amount paid by buyers with one or more existing housing loans - and lowering the loan-to-value limit for housing loans from 80% to 70%.

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