Tighter HDB loan limits and enhanced housing grants come together in a calibrated move

Speaker: Prof Sing Tien Foo 24 Aug 2024

Cooling measures, which include tightening the maximum amount of HDB loans and updates on the Enhanced CPF Housing Grant, were announced following Prime Minister Lawrence Wong’s National Day Rally speech. Prof Sing Tien Foo, Provost’s Chair Professor from the Department of Real Estate at NUS Business School, deliberates whether these measures will bring down prices in Singapore’s HDB resale market and the impact on the private housing market.

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