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Market stand-off: Buyers, sellers keep watch on impact of property curbs

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While the latest property cooling measures affect buyers, there is continued interest in luxury property from affluent buyers.

ST PHOTO: GIN TAY

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SINGAPORE - The latest cooling measures may have unnerved many buyers, but PropNex agents Leng Kar Yee and Joy Shi have been clocking condominium sales at projects like Normanton Park and Verdale.
Many of their clients are failed Build-To-Order flat buyers, Housing Board upgraders or private home owners who sold their first private property before buying another and are therefore not subject to additional buyer's stamp duty (ABSD).
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