Singapore Property Measures – 14 Sep 2009
These were the very first set of property cooling measures announced by Singapore government since the property market started to heat up in 2009.
1. Reinstatement of the Confirmed List for the 1st Half 2010 Government Land Sales (GLS) Programme.
2. Removal of the Interest Absorption Scheme (IAS) and Interest-Only Housing Loans (IOL), with effect from 14 Sep 2009.
3. Non-extension of the Jan 2009 Budget assistance measures for the property market when the measures expire.
Read more on the subsequent cooling measures announced after 20th February 2010.