By Mr. Propwise

As I had discussed previously, skyrocketing residential and industrial property prices dramatically increased the risk of additional government measures to prevent a destabilizing property bubble from forming. And this time, no punches were pulled. On 11 January 2013 the Ministry of Finance, Ministry of National Development, Monetary Authority of Singapore and Ministry of Trade & Industry issued a joint press release to announce a large slew of measures, aiming to break the back of the stubbornly bubbling market.

Summary of the latest round of measures

One of the distinctive features of this round is the sheer quantity of measures announced, with a broad reach covering public housing, private residential and industrial property, and targeting the supply, demand, financing and taxation of property.

While there’s been tons of media coverage of the measures, I’ve not seen a succinct and easy-to-read yet detailed summary of the measures, so ...