April 21, 2023

Is IRAS clamping down on the 99-1 ABSD Loophole? | BTO vs Resale | $1.2m Condos snapped up | NOTG

The NOTG team Addresses some concerning news about 99-1 ABSD “loophole”, as well as foreigners seemingly undeterred by the ABSD and setting up family offices in Singapore. Joining Melvin Lim, Yu Rong and Grayce with some inputs today is Jun Wei, one of our Associate Listing Managers! 

Understandably so, many are worried for the next generation and whether they will be able to afford public housing. Will there be further divergence from the different property types with the introduction of new cooling measures? Timing the market could mean getting priced out from waiting? Find out our takes on all this and more, on this week’s Nuggets On The Go!