Here's a quick guide to the already infamous property cooling measures

Including 3 reasons why these are necessary.

According to CIMB, over the weekend, the government introduced its most comprehensive and toughest set of cooling measures to-date. These are aimed at curtailing physical prices which have shown signs of re-acceleration in recent months.

The new set of measures are formulated to 1) address overexuberance in residential property investments, 2) cool foreign demand, and 3) instill greater financial prudence among buyers in the public housing segment.

Here's more from CIMB:

Cooling measures for the industrial property sector was also introduced for the first time. As a summary, the following measures will take effect from Jan 12 2013:

ABSD rates will rise between 5-7% pts across the board;
The new group of buyers affected by the ABSD will include PRs (first property) and Singapore Citizens (second property);
LTV limits on housing loans will be lowered by 10-20% pts;
Minimum cash down payments for housing loans will be raised by 15% pts;
MSRs for public housing loans will rise by 5% pts;
PRs will no longer be allowed to sublet entire flats and need to dispose their HDB flat within six months of purchasing a private property;
Rules of maximum strata floor area, sales of dual-key units and minimum holding period before launch of projects in the EC segment will be revised;
Private enclosed spaces (PES) and private roof terraces (RTs) will be treated as GFA computation; and
Seller’s Stamp Duty (SSD) of 5-15% imposed on sale of industrial properties.

The minimum cash downpayment required from a buyer (individual) with one or more outstanding housing loans has been raised from 10% of the valuation limit (lower of current property value or purchase price) to 25%.

The minimum cash downpayment has not been changed for individual borrowers who do not have any outstanding housing loans currently.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia