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How Budget 2023 will impact the property market

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Generic photograph of Pinnacle@Duxton, Brani Terminal on Pulau Brani, Sentosa, shophouses and HDB flats as viewed from CapitaSpring on Mar 02, 2023.
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(ST PHOTO: LIM YAOHUI)

Before rushing to make a decision, it is important to understand how the measures in Budget 2023 will impact the property market.

ST PHOTO: LIM YAOHUI

Christine Sun

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Several measures in Budget 2023 that involve residential properties, such as increasing housing grants for first-timer families buying resale flats and the move to adjust stamp duty rates for higher-value properties, are likely to influence buyers’ sentiments.

But before you rush to make a decision, here are four things to know on how the measures will impact the property market.

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