SINGAPORE - Two days after a new round of property curbs took effect on April 27, Blossoms by the Park in Buona Vista surprised many with a robust 75 per cent take-up, prompting some analysts to question if the latest measures were sufficient to cool prices and demand.
Within two days of its launch, the city fringe condominium sold 205 of its 275 units despite the announcement late on April 26 of a fourth round of hikes in additional buyer’s stamp duty (ABSD) rates since 2011.
Bagikan Berita Ini
Related Posts :
Sasha Borissenko: All but four MPs have property interests - New Zealand Herald- LHN: A disruptor on the residential property scene - The Straits Times
- Investor 'will sell fourth property if Labour wins, and buy another if National does' - Stuff
- Indonesian billionaire pays 60% ABSD for four-bedder at Scotts HighPark - EdgeProp Singapore
- Indonesian billionaire pays 60% ABSD for four-bedder at Scotts HighPark - EdgeProp Singapore
0 Response to "Strong sales at Blossoms by the Park launch suggest new ABSD hikes may not cool property prices - The Straits Times"
Post a Comment