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

While the latest property cooling measures affect buyers, there is continued interest in luxury property from affluent buyers. ST PHOTO: GIN TAY
New: Gift this subscriber-only story to your friends and family

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).

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.