Linked outcomes

Event

Singapore introduces Seller's Stamp Duty and reduces the housing-loan LTV limit

Announced 19 February 2010 · Effective 20 February 2010 · Macroprudential

Comparison anchored to effective date: 20 February 2010.

Before and after figures are the 90-day windows of the before and after view, not each outcome record's own window. A link here is an association the archive records; it is not a finding that the event produced the outcome.

In brief

2 outcome records are linked to this event: 0 with computable series, 1 citing a series whose aggregation type is unresolved, 0 observed without a series, and 1 unresolved.
No immediate aggregate price reversal cites URA Private Residential Property Price Index, all residential properties, level (1Q2009 = 100); the aggregation type is unresolved, so Prevo does not compute a before and after comparison.
2 of 2 outcome records name no source, and none has a source document attached.
2 further series are observed around this event through its category mapping, not through an outcome record.

Linked outcomes (2)

Directly referenced: an outcome record on this event. Listed computable first, then not computable, then observed in words, then unresolved; not ranked.

Outcome record 1

No immediate aggregate price reversal

Not computable

Outcome link exists, but this metric cannot yet be safely aggregated because its series type is unresolved. (DQ-OUT-002)

Observation state: Observed
Value basis: Calculated from published series
Outcome window: Q1 2010 to Q3 2010 · calendar · anchored to the effective date
Temporal relationship: Spans the event. Window "Q1 2010 to Q3 2010" read as 1 January 2010 to 30 September 2010, against the effective date 20 February 2010. No dated window is stored; the dates are read from the label.

HDB Resale Price Index

INDEX · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

URA Private Residential Property Price Index, all residential properties, level (1Q2009 = 100)

Series type unresolved · Not computable

Outcome link exists, but this metric cannot yet be safely aggregated because its series type is unresolved.

Primary source cited for HDB Resale Price Index: Housing & Development BoardPrimary source cited for URA Private Residential Property Price Index, all residential properties, level (1Q2009 = 100): Urban Redevelopment AuthorityDerived observationEvidence incomplete

Gap: Evidence record exists, but no source is named on it.

Why is this linked?

Policy event
Singapore introduces Seller's Stamp Duty and reduces the housing-loan LTV limit
Announced 19 February 2010, effective 20 February 2010
Outcome record
Outcome record 1: No immediate aggregate price reversal
Calendar window "Q1 2010 to Q3 2010", anchored to the effective date
Metric
HDB Resale Price Index
Series type: INDEX
Observed series
Observed series, value in the latest whole quarterly period inside each 90-day window
Before: no whole period. After: no whole period.
Source
Housing & Development Board
Primary source
Metric
URA Private Residential Property Price Index, all residential properties, level (1Q2009 = 100)
Series type: unresolved
Observed series
Series held, not aggregated: series type unresolved
Source
Urban Redevelopment Authority
Primary source

As recorded on the outcome

The private residential Property Price Index rose 5.7% in Q1 2010, 5.3% in Q2 and 2.9% in Q3, approximately 17.6% for the calendar year. The HDB Resale Price Index rose 2.8%, 4.0% and 4.0%, approximately 14.1% for the year.

Record identifiers

event evt_sg_2010_ssd_feb · outcome 0c000000-0000-4000-8000-000000001201 · metrics bd89e9e1-83d4-4cb1-a341-40896143b8d8, 3e000000-0000-4000-8000-000000000901

Outcome record 2

Short-term disposals

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state: Registered before it could be observed
Value basis: Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window: 2010 onward · calendar · anchored to the effective date
Temporal relationship: Window recorded as "2010 onward" (calendar), anchored to the effective date 20 February 2010. No dated window is stored and the label gives no dates, so it is not placed.

Source document not attachedEvidence incomplete

Gap: Evidence record exists, but no source is named on it.

Why is this linked?

Policy event
Singapore introduces Seller's Stamp Duty and reduces the housing-loan LTV limit
Announced 19 February 2010, effective 20 February 2010
Outcome record
Outcome record 2: Short-term disposals
Calendar window "2010 onward", anchored to the effective date
Source
No source named

Record identifiers

event evt_sg_2010_ssd_feb · outcome 0c000000-0000-4000-8000-000000001202

Associated indicators (2)

Observed around the selected event: a series mapped to this kind of event, cited by no outcome record.

Private Residential Property Price Index, All Residential

Unresolved

No whole period of this series falls inside the 90-day windows, so nothing is observed at this window length.

Temporal relationship: No whole period of the series falls inside the 90-day windows either side of 20 February 2010.

Private Residential Property Price Index, All Residential

INDEX · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

Primary source cited: Urban Redevelopment Authority

Why is this linked?

Policy event
Singapore introduces Seller's Stamp Duty and reduces the housing-loan LTV limit
Announced 19 February 2010, effective 20 February 2010
Category mapping
Series mapped to macroprudential events
No outcome record cites it
Metric
Private Residential Property Price Index, All Residential
Series type: INDEX
Observed series
Observed series, value in the latest whole quarterly period inside each 90-day window
Before: no whole period. After: no whole period.
Source
Urban Redevelopment Authority
Primary source

Record identifiers

event evt_sg_2010_ssd_feb · metrics 7cbef7bc-b216-48c3-851c-91b71553b792

Singapore private residential transactions, all types of sale

Unresolved

No whole period of this series falls inside the 90-day windows, so nothing is observed at this window length.

Temporal relationship: No whole period of the series falls inside the 90-day windows either side of 20 February 2010.

Singapore private residential transactions, all types of sale

FLOW · Computable

90 days before

None

0/90 days

90 days after

None

0/90 days

Observed change

Not stated

No whole quarterly period of this series falls inside either window, so no comparison is stated. A longer window may contain one.

Primary source cited: Urban Redevelopment Authority

Why is this linked?

Policy event
Singapore introduces Seller's Stamp Duty and reduces the housing-loan LTV limit
Announced 19 February 2010, effective 20 February 2010
Category mapping
Series mapped to macroprudential events
No outcome record cites it
Metric
Singapore private residential transactions, all types of sale
Series type: FLOW
Observed series
Observed series, total over whole quarterly periods inside each 90-day window
Before: no whole period. After: no whole period.
Source
Urban Redevelopment Authority
Primary source

Record identifiers

event evt_sg_2010_ssd_feb · metrics 56dfd10a-d6b9-41a7-b183-7d2b09301f89

Related policy events

This event has as its direct predecessor Singapore disallows the Interest Absorption Scheme and interest-only housing loans and reinstates the GLS Confirmed List.