The cooling measures announced on 29th September 2022 jolted many awake at midnight as the government continued to tighten and regulate the hot property market. 🔥🚒
How will this impact loan eligibility, what should private homeowners who are looking to move to resale HDBs do? What opportunities lie ahead? Will prices fall and should I halt my property plans?
In this episode of 🥤 𝕁𝕦𝕚𝕔𝕖 𝕨𝕚𝕥𝕙 𝕁𝕦𝕓𝕤 🧃, watch as I share about the 3 main cooling measures:
1️⃣ Increase in the TDSR/MSR Stress Test
2️⃣ LTV Reduced for HDB Loan
3️⃣ 15 Months Waiting Period to Downgrade from a Private to an HDB Property
I share about the possible impact and opportunities which lie ahead for some of you!
If you're currently wondering how the cooling measures impact you and what opportunities lie ahead for you, feel free to contact me at [ Ссылка ] or 89390393.
As property is usually our biggest purchase, it's very important to choose the right property. We offer a wide range of analysis on property be it resale or new launch and believe in being guided by data instead of emotion. Once you are able to understand the logic behind the price movements, you can make your purchase better.
Julia Bensily (@property.jubs)
Associate Group Director
Propnex
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