The real estate market in Singapore has become what some property experts call soft. It would seem as though the market has slowed since the Government brought extra expenses into play that investors did not have to consider in 2009. Additional Buyers Stamp Duty which is known as the (ABSD), The Seller’s Stamp Duty which is referred to as (SSD) and Loan-to-Value, referred to as (LTV). The reasons were to stop speculation, what this speculation was about, we are not sure, however another reason the Government say that they implemented these changes was because of hot money (which is likely dirty money or money Lorong 1 Toa Payoh Condo from the proceeds of crime) ending up as part of Singapore’s economy. These changes have affected the real estate market The Terrace EC in the last few years.

The Terrace EC Residential Market

In more recent times there has been news …