Today, the Singapore government announced a slew of measures to cool the residential property market. It also introduced a Seller’s Stamp Duty on industrial properties for the first time, to discourage speculative activity in the industrial market.Measures Applicable to all Residential Property 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 institutions 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 ...