Market Pulse Ep 18: HDB Resale Market Performance 2022 Q3
The government unveiled a slew of new property cooling measures on 30th September 2022 to promote sustainable conditions in the property market by moderating housing demand and ensuring prudent borrowing.
The maximum loan quantum limits for housing loans will be tightened while some private homeowners will face bigger hurdles in purchasing resale flats. These measures may cool the red-hot housing market and put the brakes on the runaway home prices.