Not for the first time you are hearing, the government has once again imposed a new cooling measures on Singapore property in the bid to control speculation for property in Singapore. The following measures will take effect on 12 January 2013: a) Additional Buyer’s Stamp Duty (ABSD) rates will be: i) Raised between five and seven percentage points across the board. ii) Imposed on Permanent Residents (PRs) purchasing their first residential property and on Singaporeans purchasing their second residential property. b) Loan-to-Value limits on housing loans granted by financial institutions1 will be tightened for individuals who already have at least one outstanding loan, as well as to non-individuals such as companies. c) Besides tighter Loan-to-Value limits, the minimum cash down payment for individuals applying for a second or subsequent housing loan will also be raised from 10% to 25%. The measures listed above will not impact most Singaporeans buying their ......