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Melvin Lim

Explore the impact of ABSD on Singapore’s property market, the challenges for CCR projects, and how strategic adjustments can safeguard local buyers and market balance.

December 18, 2024

SG Cooling Measure Proposal: A Tiered ABSD To Safeguard The Future Of CCR Properties 

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …