{"id":18190,"date":"2018-07-05T15:52:45","date_gmt":"2018-07-05T07:52:45","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=18190"},"modified":"2022-07-01T04:56:51","modified_gmt":"2022-06-30T20:56:51","slug":"absd-increase-property-market","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/","title":{"rendered":"ABSD increase on 6 July 2018: Singapore government stuns property market"},"content":{"rendered":"
<\/div>

[This is the joint media release by the Monetary Authority of Singapore (MAS), Ministry of Finance (MOF) and the Ministry of National Development (MND) reproduced in full.]<\/p>\n

Singapore, 5 July 2018 — The Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals.<\/p>\n

Status of the Private Housing Market<\/strong><\/h3>\n

2.\u00a0\u00a0\u00a0\u00a0 After declining gradually for close to 4 years, private residential prices began rising in 3Q2017. Prices have increased sharply by 9.1% over the past year. Demand for private residential property has also seen a strong recovery, as transaction volumes continue to rise.<\/p>\n

3.\u00a0\u00a0\u00a0\u00a0 The sharp increase in prices, if left unchecked, could run ahead of economic fundamentals and raise the risk of a destabilising correction later, especially with rising interest rates and the strong pipeline of housing supply.<\/p>\n

4.\u00a0\u00a0\u00a0\u00a0 The Government has therefore decided to raise ABSD rates and tighten LTV limits for residential property purchases.<\/p>\n

Raising ABSD Rates<\/strong><\/h3>\n

5.\u00a0\u00a0\u00a0\u00a0 The current ABSD rates for Singapore Citizens (SC) and Singapore Permanent Residents (SPR) purchasing their first residential property will be retained at 0% and 5% respectively.<\/p>\n

6.\u00a0\u00a0\u00a0\u00a0 The Government will make the following changes to ABSD rates:<\/p>\n

a.\u00a0Raise ABSD by 5%-points for all other individuals; and<\/p>\n

b.\u00a0Raise ABSD by 10%-points for entities; and<\/p>\n

c.\u00a0Introduce an additional ABSD of 5% that is non-remittable under the Remission Rules1<\/sup>(payable on the purchase price or market value, as applicable) for developers purchasing residential properties for housing development.<\/p>\n

7.\u00a0\u00a0\u00a0 \u00a0Table 1\u00a0summarises the adjustments to the ABSD rates.<\/p>\n

Table 1: Adjustments to ABSD Rates for Residential Property<\/p>\n

\"ABSD<\/p>\n

[Table layout by 99.co]<\/em><\/p>\n

8.\u00a0\u00a0\u00a0\u00a0 For purchases made jointly by two or more parties of different profiles, the highest applicable ABSD rate will apply. However, full ABSD remission will continue to be provided for joint purchases of the first residential property by married couples with at least one SC spouse.<\/p>\n

9.\u00a0\u00a0\u00a0\u00a0 Married couples with at least one SC spouse, who jointly purchase a second residential property, can continue to apply for a refund of ABSD, as long as they sell their first residential property within 6 months after (a) the date of purchase of the second residential property, or (b) the issue date of the Temporary Occupation Permit (TOP) or Certificate of Statutory Completion (CSC) of the second residential property, whichever is earlier (if the property was uncompleted at the time of purchase).<\/p>\n

10.\u00a0\u00a0\u00a0\u00a0 There will be a transitional provision for cases where an Option to Purchase (OTP) has been granted by sellers to potential buyers on or before 5 July 2018, and this OTP has not been varied on or after 6 July 2018. For such cases, the current ABSD rates, instead of the revised ABSD rates, will apply if the OTP is exercised within 3 weeks of this announcement (i.e. exercised on or before 26 July 2018) or the OTP validity period, whichever is earlier.<\/p>\n

Tightening of LTV Limits<\/strong><\/h3>\n

11.\u00a0\u00a0\u00a0 \u00a0LTV limits will be tightened by 5%-points for all housing loans granted by financial institutions. These revised LTV limits do not apply to loans granted by HDB. Table 2 summarises the adjustments to the LTV limits:<\/p>\n

Table 2: Revised LTV Limits on Housing Loans Granted by Financial Institutions<\/p>\n\n\n\n\n\n\n\n\n\n
<\/td>\n\u00a01st<\/strong>\u00a0Housing Loan<\/strong><\/td>\n\u00a02nd<\/strong>\u00a0Housing Loan\u00a0<\/strong><\/td>\n\u00a0From 3rd Housing Loan<\/strong><\/td>\n<\/tr>\n
Individual Borrowers<\/strong><\/td>\n<\/tr>\n
LTV Limit<\/strong><\/td>\nExisting Rules<\/strong><\/p>\n

80%; or 60% if the loan tenure is more than 30 years* or extends past age 65<\/p>\n

Revised Rules<\/strong><\/p>\n

75%; or 55% if the loan tenure is more than 30 years* or extends past age 65<\/td>\n

Existing Rules<\/strong><\/p>\n

50%; or 30% if the loan tenure is more than 30 years* or extends past age 65<\/p>\n

Revised Rules<\/strong><\/p>\n

45%; or 25% if the loan tenure is more than 30 years* or extends past age 65<\/td>\n

Existing Rules<\/strong><\/p>\n

40%; or 20% if the loan tenure is more than 30 years* or extends past age 65<\/p>\n

Revised Rules<\/strong><\/p>\n

35%; or 15% if the loan tenure is more than 30 years* or extends past age 65<\/td>\n<\/tr>\n

Minimum Cash Down Payment<\/strong><\/td>\n\u00a0No change to existing rules<\/td>\n<\/tr>\n
5%; or 10% if the loan tenure is more than 30 years* or extends past age 65<\/td>\n\u00a025%<\/td>\n<\/tr>\n
Non-Individual Borrowers<\/strong><\/td>\n<\/tr>\n
LTV Limit<\/strong><\/td>\nExisting Rule\u00a0<\/strong>20%
\nRevised Rule\u00a0<\/strong>15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

* 25 years, where the property purchased is a HDB flat.<\/p>\n

 <\/p>\n

12.\u00a0\u00a0\u00a0\u00a0 The tightened LTV limits will apply to loans for the purchase of residential properties where the OTP is granted on or after 6 July 2018.<\/p>\n

13.\u00a0\u00a0\u00a0\u00a0 In line with the tightening of LTV limits for housing loans, LTV limits for mortgage equity withdrawal loans (MWLs) will be tightened as follows:<\/p>\n

a.\u00a075% for a borrower with no outstanding housing loan for the purchase of another residential property; and<\/p>\n

b.\u00a045% for a borrower with an outstanding housing loan for the purchase of another residential property.<\/p>\n

14.\u00a0\u00a0\u00a0\u00a0 The tightened LTV limits will apply to MWL applications made on or after 6 July 20182<\/sup>.<\/p>\n

15.\u00a0\u00a0\u00a0\u00a0 The Government will continue to monitor the property market and adjust our policies as necessary, to maintain a stable and sustainable property market.<\/p>\n

 <\/p>\n

Issued by: Ministry of Finance, Ministry of National Development and Monetary Authority of Singapore<\/strong><\/p>\n

 <\/p>\n

1<\/em><\/sup>\u00a0Stamp Duties (Non-licensed Housing Developers) (Remission of ABSD) Rules and Stamp Duties (Housing Developers) (Remission of ABSD) Rules<\/em><\/p>\n

2<\/sup>\u00a0For refinancing of existing MWLs, the current LTV limits of 80%, or 60% (for borrowers with an outstanding housing loan for the purchase of another residential property), will continue to apply. Existing MWLs refer to those which were applied before 6 July 2018<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

[This is the joint media release by the Monetary Authority of Singapore (MAS), Ministry of Finance (MOF) and the Ministry of National Development (MND) reproduced in full.] Singapore, 5 July 2018 — The Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool…<\/p>\n","protected":false},"author":59,"featured_media":55211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593,57131],"tags":[53667,53787,54586],"persona":[],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"\nABSD increase on 6 July 2018 stuns property market - 99.co<\/title>\n<meta name=\"description\" content=\"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ABSD increase on 6 July 2018: Singapore government stuns property market\" \/>\n<meta property=\"og:description\" content=\"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-05T07:52:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T20:56:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1687\" \/>\n\t<meta property=\"og:image:height\" content=\"1126\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kyle Leung\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kyle Leung\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\"},\"author\":{\"name\":\"Kyle Leung\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/8f8c92b21148ef5dd27c9b566ce17c76\"},\"headline\":\"ABSD increase on 6 July 2018: Singapore government stuns property market\",\"datePublished\":\"2018-07-05T07:52:45+00:00\",\"dateModified\":\"2022-06-30T20:56:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\"},\"wordCount\":866,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg\",\"keywords\":[\"ABSD\",\"cooling measures\",\"LTV\"],\"articleSection\":[\"Financial News\",\"Property News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#respond\"]}],\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\",\"name\":\"ABSD increase on 6 July 2018 stuns property market - 99.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg\",\"datePublished\":\"2018-07-05T07:52:45+00:00\",\"dateModified\":\"2022-06-30T20:56:51+00:00\",\"description\":\"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg\",\"contentUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg\",\"width\":1687,\"height\":1126},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.99.co\/singapore\/insider\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial News\",\"item\":\"https:\/\/www.99.co\/singapore\/insider\/financial-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"ABSD increase on 6 July 2018: Singapore government stuns property market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/\",\"name\":\"\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.99.co\/singapore\/insider\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\",\"name\":\"99.co\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp\",\"contentUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp\",\"width\":192,\"height\":72,\"caption\":\"99.co\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/99dotco\/\",\"https:\/\/x.com\/99dotco\",\"http:\/\/instagram.com\/99.co\",\"https:\/\/www.linkedin.com\/company\/3625176\",\"http:\/\/pinterest.com\/99dotco\/\",\"https:\/\/www.youtube.com\/channel\/UCTFNrxXF9L1XZUlZNq07VKA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/8f8c92b21148ef5dd27c9b566ce17c76\",\"name\":\"Kyle Leung\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8444a682a25820d3a7401e9645077075cadf6018c6dd73c921723de59d47b5c6?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8444a682a25820d3a7401e9645077075cadf6018c6dd73c921723de59d47b5c6?s=96&r=g\",\"caption\":\"Kyle Leung\"},\"description\":\"Content Marketing Manager @ 99.co\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/author\/kyle-leung\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ABSD increase on 6 July 2018 stuns property market - 99.co","description":"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/","og_locale":"en_US","og_type":"article","og_title":"ABSD increase on 6 July 2018: Singapore government stuns property market","og_description":"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.","og_url":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/","article_publisher":"https:\/\/www.facebook.com\/99dotco\/","article_published_time":"2018-07-05T07:52:45+00:00","article_modified_time":"2022-06-30T20:56:51+00:00","og_image":[{"width":1687,"height":1126,"url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg","type":"image\/jpeg"}],"author":"Kyle Leung","twitter_card":"summary_large_image","twitter_creator":"@99dotco","twitter_site":"@99dotco","twitter_misc":{"Written by":"Kyle Leung","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#article","isPartOf":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/"},"author":{"name":"Kyle Leung","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/8f8c92b21148ef5dd27c9b566ce17c76"},"headline":"ABSD increase on 6 July 2018: Singapore government stuns property market","datePublished":"2018-07-05T07:52:45+00:00","dateModified":"2022-06-30T20:56:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/"},"wordCount":866,"commentCount":0,"publisher":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg","keywords":["ABSD","cooling measures","LTV"],"articleSection":["Financial News","Property News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#respond"]}],"copyrightYear":"2018","copyrightHolder":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/","url":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/","name":"ABSD increase on 6 July 2018 stuns property market - 99.co","isPartOf":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg","datePublished":"2018-07-05T07:52:45+00:00","dateModified":"2022-06-30T20:56:51+00:00","description":"The Singapore Government announced today adjustments to the Additional Buyer\u2019s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases, to cool the property market and keep price increases in line with economic fundamentals. This is the media release in full.","breadcrumb":{"@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#primaryimage","url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg","contentUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/07\/breaking-lease-early-termination.jpg","width":1687,"height":1126},{"@type":"BreadcrumbList","@id":"https:\/\/www.99.co\/singapore\/insider\/absd-increase-property-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.99.co\/singapore\/insider\/"},{"@type":"ListItem","position":2,"name":"Financial News","item":"https:\/\/www.99.co\/singapore\/insider\/financial-news\/"},{"@type":"ListItem","position":3,"name":"ABSD increase on 6 July 2018: Singapore government stuns property market"}]},{"@type":"WebSite","@id":"https:\/\/www.99.co\/singapore\/insider\/#website","url":"https:\/\/www.99.co\/singapore\/insider\/","name":"","description":"","publisher":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.99.co\/singapore\/insider\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.99.co\/singapore\/insider\/#organization","name":"99.co","url":"https:\/\/www.99.co\/singapore\/insider\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/","url":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp","contentUrl":"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2022\/08\/nnco_logo.webp","width":192,"height":72,"caption":"99.co"},"image":{"@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/99dotco\/","https:\/\/x.com\/99dotco","http:\/\/instagram.com\/99.co","https:\/\/www.linkedin.com\/company\/3625176","http:\/\/pinterest.com\/99dotco\/","https:\/\/www.youtube.com\/channel\/UCTFNrxXF9L1XZUlZNq07VKA"]},{"@type":"Person","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/8f8c92b21148ef5dd27c9b566ce17c76","name":"Kyle Leung","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8444a682a25820d3a7401e9645077075cadf6018c6dd73c921723de59d47b5c6?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8444a682a25820d3a7401e9645077075cadf6018c6dd73c921723de59d47b5c6?s=96&r=g","caption":"Kyle Leung"},"description":"Content Marketing Manager @ 99.co","url":"https:\/\/www.99.co\/singapore\/insider\/author\/kyle-leung\/"}]}},"modified_by":"Kyle Leung","_links":{"self":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts\/18190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/comments?post=18190"}],"version-history":[{"count":0,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/posts\/18190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/media\/55211"}],"wp:attachment":[{"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/media?parent=18190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/categories?post=18190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/tags?post=18190"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.99.co\/singapore\/insider\/wp-json\/wp\/v2\/persona?post=18190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}