The Singapore government began to introduce residential property curbs in 2009 with some of the strictest measures implemented in 2013, including a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and an increase in real estate taxes. Photo: AFP
The Singapore government began to introduce residential property curbs in 2009 with some of the strictest measures implemented in 2013, including a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and an increase in real estate taxes. Photo: AFP
Property /  International

Singapore home sales hit annual low in November as curbs stem purchases

Bloomberg
Bloomberg

Updated: 11:43am, 16 Dec, 2014

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The Singapore government began to introduce residential property curbs in 2009 with some of the strictest measures implemented in 2013, including a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and an increase in real estate taxes. Photo: AFP
The Singapore government began to introduce residential property curbs in 2009 with some of the strictest measures implemented in 2013, including a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and an increase in real estate taxes. Photo: AFP
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