S1E122: Buyers may adopt wait-and-see attitude to property cooling measures: The Big Story Ep 122

The Big Story Ep 122: Buyers may adopt wait-and-see attitude to property cooling measures 7:46 mins Synopsis: This is a special episode of The Straits Times' video series The Big Story, hosted by Hairianto Diman and Olivia Quay. At close to midnight on Wednesday (Dec 15), Singapore announced a new round of property curbs to cool the private residential and Housing Board resale markets after prices surged despite the Covid-19 pandemic. With effect from Thursday (Dec 16, 2021), additional buyer's stamp duty rates will be raised, and the total debt servicing ratio threshold will be tightened. The limit for housing loans for HDB flats will also be lowered. Dr Lee Nai Jia, deputy director at NUS' Institute of Real Estate and Urban Studies, discusses what the measures will mean for first-time buyers as well as those looking to purchase a second property. Produced by: ST Video team Edited by: ST Video team and Penelope Lee Discover The Straits Times Videos: https://str.sg/JPrc Discover ST podcasts: Channel: https://str.sg/JWVR Spotify: https://spoti.fi/2PwZCYU Apple Podcasts: https://apple.co/2Lu4rPP Google podcasts: http://str.sg/googlestbt Websites: http://str.sg/stpodcasts Feedback to: [email protected]  Follow Hairianto Diman on Instagram: https://www.instagram.com/iamhairianto/?hl=en Follow Olivia Quay on Instagram: https://www.instagram.com/oliviaquayhere/?hl=en --- Discover more ST podcast series: Asian Insider Podcast: https://str.sg/JWa7 Green Pulse Podcast: https://str.sg/JWaf Health Check Podcast: https://str.sg/JWaN ST Sports Talk Podcast: https://str.sg/JWRE Life Weekend Picks Podcast: https://str.sg/JWa2 #PopVultures Podcast: https://str.sg/JWad Bookmark This! Podcast: https://str.sg/JWas Lunch With Sumiko Podcast: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts!See omnystudio.com/listener for privacy information.