The latest round of anti-speculative measures that Singapore’s Ministry of National Development released today are largely aimed at curbing potential speculation rather than affecting first time buyers and genuine home occupiers.Some of these pre-emptive measures are not unfamiliar. In our recent research paper where we described this recent period as the ‘soft policy era’ where measures introduced have enough flexibility built in to accommodate subsequent adjustments; which is exactly what the government has now done with the Seller’s Stamp Duty (SSD). Full story
