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? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

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

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's WhatsApp Channel and get the latest news and must-reads.