Policy before and after · Macroprudential

Singapore raises ABSD, tightens housing finance and extends cooling measures to public housing, executive condominiums and industrial property

Announced 11 January 2013 · Effective 12 January 2013

Read the full event recordCompare with another policyCreate research brief

Comparison anchored to effective date: 12 January 2013. Before: 16 July 2012 to 11 January 2013. After: 12 January 2013 to 10 July 2013. The same 180 days on each side; the anchor day counts as after.

Before · 16 Jul 2012 to 11 Jan 2013

23 land-sales awards

  • 70 land-sales steps in all
  • 1 other archive event
  • Singapore private residential transactions, all types of sale: 8,464 (Q4 2012)

The event

Announced 11 Jan 2013

Effective 12 Jan 2013

The effective date is the anchor.

After · 12 Jan 2013 to 10 Jul 2013

11 land-sales awards

  • 36 land-sales steps in all
  • All 180 days observable
  • Singapore private residential transactions, all types of sale: 6,945 (Q2 2013)

What this comparison can and cannot show

Generated from this window's records

Recorded

  • 5 verified claims on this event record a before and an after value.
  • 23 land-sales awards in the 180 days before the effective date, and 11 in the 180 observable days after.
  • 3 of 4 tracked series have a whole period on both sides, so a before and after figure is stated for them.

Cannot be concluded

  • That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
  • A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.
About this eventIssuing authority, category, affected market, primary source, summary
Announced
11 January 2013
Effective
12 January 2013
Issuing authority
Monetary Authority of Singapore, Ministry of National Development, Ministry of Finance, Housing & Development Board
Category
Macroprudential
Affected market
Private residential property, HDB flats, executive condominiums and industrial property. Buyer stamp duties, housing-loan limits, mortgage servicing, public-housing ownership and subletting, EC development and sales rules, and industrial seller stamp duty.
Primary source
Additional Measures to Ensure a Stable and Sustainable Property Market. Joint press release, Ministry of Finance, Ministry of National Development, Monetary Authority of Singapore and Ministry of Trade and Industry, 11 January 2013, complete with Annex I on ABSD, Annex II on LTV and cash, Annex III on public housing and Annex IV on lease-dependent CPF and HDB loan rules.

On 11 January 2013 Singapore raised Additional Buyer's Stamp Duty on every group already subject to it and extended it to Permanent Residents buying a first residential property and citizens buying a second, reduced loan-to-value limits and raised the minimum cash payment from 10% to 25% for borrowers with an outstanding housing loan, introduced a 30% Mortgage Servicing Ratio for financial-institution loans used to buy HDB flats, cut the HDB concessionary-loan MSR from 40% to 35%, restricted Permanent Resident subletting and ownership of HDB flats, tightened executive condominium rules, and introduced Seller's Stamp Duty on industrial property for the first time.

In brief

In brief

  • Singapore private residential transactions, all types of sale totalled 8,464 in the whole periods inside the 180 days before the effective date (Q4 2012) and 6,945 in those inside the 180 days after (Q2 2013).
  • Private Residential Property Price Index, All Residential was 151.5 in Q4 2012, the latest whole period before the effective date, and 154 in Q2 2013, the latest whole period in the 180 days after.
  • 23 GLS site awards were recorded in the before window and 11 in the after window.

What changed

No policy matrix is recorded for this event. These are its verified claims that store a before and an after value.

As recorded in the claimBeforeAfterChangeSource
Minimum cash for a second or subsequent housing loan, raised from 10%.10%25%+15 ptsClaim 3
ABSD on foreign and entity purchases, raised from 10%.10%15%+5 ptsClaim 2
Loan-to-value limits were reduced for borrowers with outstanding housing loans: second housing loan from 60% to 50%, third or subsequent from 60% to 40%, and non-individual borrowers from 40% to 20%.40%20%−20 ptsClaim 6
HDB reduced the Mortgage Servicing Ratio for its concessionary loans from 40% to 35%.40%35%−5 ptsClaim 5
View all 5 before-and-after values
ABSD on a citizen's second residential property, previously zero.0%7%+7 ptsClaim 1

Observed around this event

View linked outcomes

The same statistic over the 180 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.

Singapore private residential transactions, all types of sale

units · Total over whole quarterly periods inside each 180-day window

Before

8,464

Q4 2012

Coverage 92/180 days

After

6,945

Q2 2013

Coverage 91/180 days

Difference

-1,519

-17.9%

Qualified: whole periods cover 92/180 days before and 91/180 days after. Days outside a whole period are not counted and are not treated as zero. The two totals span different numbers of days.

Provenance
Source
Urban Redevelopment Authority
Series kind
FLOW
Basis
Observation periods wholly inside each window, values as originally recorded.
Origin
Calculated (sum of published period values)
Shown because
Mapped to this kind of event

Private Residential Property Price Index, All Residential

index (2009Q1=100) · Value in the latest whole quarterly period inside each 180-day window

Before

151.5

Q4 2012

Coverage 92/180 days

After

154

Q2 2013

Coverage 91/180 days

Difference

+2.5

+1.7%

Qualified: whole periods cover 92/180 days before and 91/180 days after. Days outside a whole period are not counted and are not treated as zero.

Provenance
Source
Urban Redevelopment Authority
Series kind
INDEX
Basis
Observation periods wholly inside each window, values as originally recorded.
Origin
Source fact (latest whole period)
Shown because
Mapped to this kind of event

HDB Resale Price Index

index (2009Q1=100) · Value in the latest whole quarterly period inside each 180-day window

Before

146.7

Q4 2012

Coverage 92/180 days

After

149.4

Q2 2013

Coverage 91/180 days

Difference

+2.7

+1.8%

Qualified: whole periods cover 92/180 days before and 91/180 days after. Days outside a whole period are not counted and are not treated as zero.

Provenance
Source
Housing & Development Board
Series kind
INDEX
Basis
Observation periods wholly inside each window, values as originally recorded.
Origin
Source fact (latest whole period)
Shown because
Mapped to this kind of event

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

index

Comparison unavailable: series aggregation type is unresolved.

Provenance
Source
Urban Redevelopment Authority
Series kind
Unresolved (not recorded)
Basis
Observation periods wholly inside each window, values as originally recorded.
Origin
Unresolved
Shown because
Cited by this event's own outcomes

Concurrent planning and land activity

Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.

Before the effective date

71 lines

70 land-sales steps (23 awards) · 1 archive event

From the effective date

38 lines

36 land-sales steps (11 awards) · 2 archive events

Explore concurrent events

Before (71)

  1. 23 July 2012 · Land sales

    Punggol Way / Punggol Walk: Launched for tender

    Executive Condominium housing · status on 23 July 2012: Tender open

  2. 23 July 2012 · Land sales

    Dairy Farm Road: Launched for tender

    Residential · status on 23 July 2012: Tender open

  3. 30 July 2012 · Land sales

    Pheng Geck Avenue / Tai Thong Crescent: Launched for tender

    Residential with Commercial at 1st storey · status on 30 July 2012: Tender open

  4. 30 July 2012 · Land sales

    Farrer Road: Launched for tender

    Residential · status on 30 July 2012: Tender open

  5. 31 July 2012 · Land sales

    Tanah Merah Kechil Road: Tender closed

    Residential · status on 31 July 2012: Tender closed, award pending

  6. 6 August 2012 · Land sales

    Tanah Merah Kechil Road: Awarded

    Residential · status on 6 August 2012: Awarded · awarded to Fragrance Group Limited and World Class Land Pte Ltd at S$285,215,000

  7. 7 August 2012 · Land sales

    Bright Hill Drive: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 7 August 2012: Tender closed, award pending

  8. 10 August 2012 · Land sales

    Bright Hill Drive: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 10 August 2012: Awarded · awarded to UVD Pte. Ltd. at S$291,500,000

  9. 16 August 2012 · Land sales

    Victoria Street / Jalan Sultan: Launched for tender

    Hotel or Commercial & Residential · status on 16 August 2012: Tender open

  10. 22 August 2012 · Land sales

    Bukit Batok Street 23: Tender closed

    Business 1 · status on 22 August 2012: Tender closed, award pending

  11. 23 August 2012 · Land sales

    Woodlands Avenue 6 / Woodlands Drive 16: Launched for tender

    Executive Condominium housing · status on 23 August 2012: Tender open

  12. 23 August 2012 · Land sales

    New Upper Changi Road / Bedok Road: Launched for tender

    Residential · status on 23 August 2012: Tender open

  13. 23 August 2012 · Land sales

    Prince Charles Crescent / Prince Charles Square: Launched for tender

    Residential · status on 23 August 2012: Tender open

  14. 28 August 2012 · Land sales

    Farrer Road: Tender closed

    Residential · status on 28 August 2012: Tender closed, award pending

  15. 29 August 2012 · Land sales

    Yishun Avenue 9 / Yishun Industrial Street 1: Launched for tender

    Business 1 · status on 29 August 2012: Tender open

  16. 29 August 2012 · Land sales

    Bukit Batok Street 23: Awarded

    Business 1 · status on 29 August 2012: Awarded · awarded to Soilbuild Group Holdings Ltd at S$32,328,000

  17. 30 August 2012 · Land sales

    Yishun Avenue 9 / Yishun Industrial Street 1: Tender closed

    Business 1 · status on 30 August 2012: Tender closed, award pending

  18. 3 September 2012 · Land sales

    Farrer Road: Awarded

    Residential · status on 3 September 2012: Awarded · awarded to Far East Soho Pte. Ltd. at S$45,777,000

  19. 4 September 2012 · Land sales

    Punggol Way / Punggol Walk: Tender closed

    Executive Condominium housing · status on 4 September 2012: Tender closed, award pending

  20. 6 September 2012 · Land sales

    Punggol Way / Punggol Walk: Awarded

    Executive Condominium housing · status on 6 September 2012: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd at S$189,870,000

  21. 6 September 2012 · Land sales

    Pheng Geck Avenue / Tai Thong Crescent: Tender closed

    Residential with Commercial at 1st storey · status on 6 September 2012: Tender closed, award pending

  22. 7 September 2012 · Land sales

    Pheng Geck Avenue / Tai Thong Crescent: Awarded

    Residential with Commercial at 1st storey · status on 7 September 2012: Awarded · awarded to Verwood Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd. at S$245,000,000

  23. 7 September 2012 · Land sales

    Yishun Avenue 9 / Yishun Industrial Street 1: Awarded

    Business 1 · status on 7 September 2012: Awarded · awarded to Soon Hock Tuas Development Pte. Ltd. at S$51,388,000

  24. 18 September 2012 · Land sales

    Dairy Farm Road: Tender closed

    Residential · status on 18 September 2012: Tender closed, award pending

  25. 19 September 2012 · Land sales

    Jurong Town Hall Road: Launched for tender

    Hotel · status on 19 September 2012: Tender open

  26. 19 September 2012 · Land sales

    Jalan Jurong Kechil: Launched for tender

    Residential (option for retirement housing is allowed) · status on 19 September 2012: Tender open

  27. 20 September 2012 · Land sales

    Prince Charles Crescent / Prince Charles Square: Tender closed

    Residential · status on 20 September 2012: Tender closed, award pending

  28. 25 September 2012 · Land sales

    Dairy Farm Road: Awarded

    Residential · status on 25 September 2012: Awarded · awarded to First Shine Properties Pte Ltd and Meadows Bright Development Pte Ltd at S$244,318,000

  29. 25 September 2012 · Land sales

    Prince Charles Crescent / Prince Charles Square: Awarded

    Residential · status on 25 September 2012: Awarded · awarded to Wingstar Investment Pte. Ltd., Metro Australia Holdings Pte Ltd and Maxdin Pte Ltd at S$516,298,888

  30. 26 September 2012 · Land sales

    Pasir Ris Drive 3 / Pasir Ris Rise: Launched for tender

    Executive Condominium housing · status on 26 September 2012: Tender open

  31. 26 September 2012 · Land sales

    Sengkang West Way / Fernvale Link (Parcel B): Launched for tender

    Executive Condominium housing · status on 26 September 2012: Tender open

  32. 26 September 2012 · Land sales

    Yishun Avenue 9 / Yishun Industrial Street 1: Tender closed

    Business 1 · status on 26 September 2012: Tender closed, award pending

  33. 3 October 2012 · Land sales

    Yishun Avenue 9 / Yishun Industrial Street 1: Awarded

    Business 1 · status on 3 October 2012: Awarded · awarded to Soilbuild Group Holdings Ltd. at S$31,688,000

  34. 4 October 2012 · Land sales

    Thomson Road / Irrawaddy Road: Launched for tender

    White · status on 4 October 2012: Tender open

  35. 5 October 2012 · Archive event

    MAS caps financial-institution residential loan tenures at 35 years and tightens LTV limits

    Announced 5 October 2012

  36. 9 October 2012 · Land sales

    Woodlands Avenue 6 / Woodlands Drive 16: Tender closed

    Executive Condominium housing · status on 9 October 2012: Tender closed, award pending

  37. 11 October 2012 · Land sales

    Victoria Street / Jalan Sultan: Tender closed

    Hotel or Commercial & Residential · status on 11 October 2012: Tender closed, award pending

  38. 15 October 2012 · Land sales

    Punggol Field Walk / Punggol East: Launched for tender

    Executive Condominium housing · status on 15 October 2012: Tender open

  39. 15 October 2012 · Land sales

    Bishan Street 14: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 15 October 2012: Tender open

  40. 16 October 2012 · Land sales

    Woodlands Avenue 6 / Woodlands Drive 16: Awarded

    Executive Condominium housing · status on 16 October 2012: Awarded · awarded to Opal Star Pte. Ltd. & Binjai Holdings Pte. Ltd. at S$150,180,000

  41. 16 October 2012 · Land sales

    New Upper Changi Road / Bedok Road: Tender closed

    Residential · status on 16 October 2012: Tender closed, award pending

  42. 16 October 2012 · Land sales

    Victoria Street / Jalan Sultan: Awarded

    Hotel or Commercial & Residential · status on 16 October 2012: Awarded · awarded to Forward Land Pte Ltd at S$331,336,000

  43. 22 October 2012 · Land sales

    New Upper Changi Road / Bedok Road: Awarded

    Residential · status on 22 October 2012: Awarded · awarded to Sherwood Development Pte Ltd at S$434,550,000

  44. 30 October 2012 · Land sales

    Sembawang Crescent / Sembawang Drive: Launched for tender

    Executive Condominium housing · status on 30 October 2012: Tender open

  45. 7 November 2012 · Land sales

    Alexandra Road / Alexandra View: Launched for tender

    Residential · status on 7 November 2012: Tender open

  46. 8 November 2012 · Land sales

    Sengkang West Way / Fernvale Link (Parcel B): Tender closed

    Executive Condominium housing · status on 8 November 2012: Tender closed, award pending

  47. 12 November 2012 · Land sales

    Sengkang West Way / Fernvale Link (Parcel B): Awarded

    Executive Condominium housing · status on 12 November 2012: Awarded · awarded to Verspring Properties Pte. Ltd. at S$135,000,000

  48. 15 November 2012 · Land sales

    Jurong West Street 41: Launched for tender

    Residential · status on 15 November 2012: Tender open

  49. 15 November 2012 · Land sales

    Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Launched for tender

    Residential · status on 15 November 2012: Tender open

  50. 15 November 2012 · Land sales

    Jalan Jurong Kechil: Tender closed

    Residential (option for retirement housing is allowed) · status on 15 November 2012: Tender closed, award pending

  51. 20 November 2012 · Land sales

    Jurong Town Hall Road: Tender closed

    Hotel · status on 20 November 2012: Tender closed, award pending

  52. 22 November 2012 · Land sales

    Pasir Ris Drive 3 / Pasir Ris Rise: Tender closed

    Executive Condominium housing · status on 22 November 2012: Tender closed, award pending

  53. 22 November 2012 · Land sales

    Jalan Jurong Kechil: Awarded

    Residential (option for retirement housing is allowed) · status on 22 November 2012: Awarded · awarded to World Class Developments (North) Pte Ltd at S$73,800,000

  54. 23 November 2012 · Land sales

    Jurong Town Hall Road: Awarded

    Hotel · status on 23 November 2012: Awarded · awarded to Tamerton Pte Ltd at S$238,200,000

  55. 26 November 2012 · Land sales

    Pasir Ris Drive 3 / Pasir Ris Rise: Awarded

    Executive Condominium housing · status on 26 November 2012: Awarded · awarded to Hao Yuan Investment Pte Ltd at S$207,000,000

  56. 27 November 2012 · Land sales

    Yishun Ring Road / Yishun Avenue 9: Launched for tender

    Mixed commercial and residential · status on 27 November 2012: Tender open

  57. 29 November 2012 · Land sales

    Bishan Street 14: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 29 November 2012: Tender closed, award pending

  58. 3 December 2012 · Land sales

    Bishan Street 14: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 3 December 2012: Awarded · awarded to Allamanda Residential Development Pte. Ltd. at S$505,100,000

  59. 4 December 2012 · Land sales

    Punggol Point: Launched for tender

    Food & Beverage with or without retail use · status on 4 December 2012: Tender open

  60. 4 December 2012 · Land sales

    Thomson Road / Irrawaddy Road: Tender closed

    White · status on 4 December 2012: Tender closed, award pending

  61. 6 December 2012 · Land sales

    Punggol Field Walk / Punggol East: Tender closed

    Executive Condominium housing · status on 6 December 2012: Tender closed, award pending

  62. 7 December 2012 · Land sales

    Thomson Road / Irrawaddy Road: Awarded

    White · status on 7 December 2012: Awarded · awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte. Ltd. and Hoi Hup J.V. Development Pte Ltd at S$492,500,000

  63. 10 December 2012 · Land sales

    Punggol Field Walk / Punggol East: Awarded

    Executive Condominium housing · status on 10 December 2012: Awarded · awarded to Sing Holdings Limited at S$162,100,000

  64. 11 December 2012 · Land sales

    Alexandra Road / Alexandra View: Tender closed

    Residential · status on 11 December 2012: Tender closed, award pending

  65. 13 December 2012 · Land sales

    Sembawang Crescent / Sembawang Drive: Tender closed

    Executive Condominium housing · status on 13 December 2012: Tender closed, award pending

  66. 17 December 2012 · Land sales

    Sembawang Crescent / Sembawang Drive: Awarded

    Executive Condominium housing · status on 17 December 2012: Awarded · awarded to JBE Holdings Pte Ltd at S$211,920,000

  67. 17 December 2012 · Land sales

    Alexandra Road / Alexandra View: Awarded

    Residential · status on 17 December 2012: Awarded · awarded to Singland Homes Pte. Ltd. at S$332,680,000

  68. 18 December 2012 · Land sales

    Commonwealth Avenue: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 18 December 2012: Tender open

  69. 19 December 2012 · Land sales

    Venture Avenue: Launched for tender

    Commercial (with minimum component for office use) · status on 19 December 2012: Tender open

  70. 8 January 2013 · Land sales

    Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Tender closed

    Residential · status on 8 January 2013: Tender closed, award pending

  71. 9 January 2013 · Land sales

    Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Awarded

    Residential · status on 9 January 2013: Awarded · awarded to Pinehill Investments Pte. Ltd. at S$550,000,048

After (38)

  1. 24 January 2013 · Land sales

    Yishun Ring Road / Yishun Avenue 9: Tender closed

    Mixed commercial and residential · status on 24 January 2013: Tender closed, award pending

  2. 29 January 2013 · Land sales

    Jurong West Street 41: Tender closed

    Residential · status on 29 January 2013: Tender closed, award pending

  3. 31 January 2013 · Land sales

    Yishun Ring Road / Yishun Avenue 9: Awarded

    Mixed commercial and residential · status on 31 January 2013: Awarded · awarded to CEL Property Pte Ltd at S$212,100,000

  4. 31 January 2013 · Land sales

    Jurong West Street 41: Awarded

    Residential · status on 31 January 2013: Awarded · awarded to MCL Land (Prestige) Pte. Ltd. at S$438,888,000

  5. 31 January 2013 · Planning

    Singapore's Land Use Plan sets out up to 700,000 new homes and 76,600 hectares of land by 2030

    Announced 31 January 2013

  6. 5 February 2013 · Land sales

    Commonwealth Avenue: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 5 February 2013: Tender closed, award pending

  7. 7 February 2013 · Land sales

    Commonwealth Avenue: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 7 February 2013: Awarded · awarded to Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited at S$562,818,171

  8. 26 February 2013 · Land sales

    Punggol Point: Tender closed

    Food & Beverage with or without retail use · status on 26 February 2013: Tender closed, award pending

  9. 28 February 2013 · Land sales

    Sengkang West Way: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 28 February 2013: Tender open

  10. 28 February 2013 · Land sales

    Kim Tian Road: Launched for tender

    Residential · status on 28 February 2013: Tender open

  11. 7 March 2013 · Land sales

    Punggol Point: Awarded

    Food & Beverage with or without retail use · status on 7 March 2013: Awarded · awarded to Fragrance Group Limited at S$11,368,800

  12. 12 March 2013 · Land sales

    Venture Avenue: Tender closed

    Commercial (with minimum component for office use) · status on 12 March 2013: Tender closed, award pending

  13. 13 March 2013 · Land sales

    Venture Avenue: Awarded

    Commercial (with minimum component for office use) · status on 13 March 2013: Awarded · awarded to Sim Lian JV (Vision) Pte Ltd at S$701,078,147

  14. 28 March 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Launched for tender

    Executive Condominium housing · status on 28 March 2013: Tender open

  15. 11 April 2013 · Land sales

    Sengkang West Way: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 11 April 2013: Tender closed, award pending

  16. 12 April 2013 · Land sales

    Sengkang West Way: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 12 April 2013: Awarded · awarded to Secure Development Pte. Ltd. at S$262,100,000

  17. 15 April 2013 · Land sales

    Anchorvale Crescent: Launched for tender

    Executive Condominium housing · status on 15 April 2013: Tender open

  18. 15 April 2013 · Land sales

    Fernvale Close: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 15 April 2013: Tender open

  19. 15 April 2013 · Land sales

    Faber Walk: Launched for tender

    Residential · status on 15 April 2013: Tender open

  20. 18 April 2013 · Land sales

    Kim Tian Road: Tender closed

    Residential · status on 18 April 2013: Tender closed, award pending

  21. 23 April 2013 · Land sales

    Kim Tian Road: Awarded

    Residential · status on 23 April 2013: Awarded · awarded to Harvestland Development Pte Ltd at S$550,280,000

  22. 29 April 2013 · Land sales

    Punggol Central / Edgedale Plains: Launched for tender

    Executive Condominium housing · status on 29 April 2013: Tender open

  23. 9 May 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Tender closed

    Executive Condominium housing · status on 9 May 2013: Tender closed, award pending

  24. 13 May 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Awarded

    Executive Condominium housing · status on 13 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd. at S$216,000,000

  25. 15 May 2013 · Land sales

    Tampines Avenue 10: Launched for tender

    Residential · status on 15 May 2013: Tender open

  26. 28 May 2013 · Land sales

    Woodlands Industrial Park E9: Launched for tender

    Business 2 with an integrated Heavy Vehicle Park · status on 28 May 2013: Tender open

  27. 30 May 2013 · Land sales

    Anchorvale Crescent: Tender closed

    Executive Condominium housing · status on 30 May 2013: Tender closed, award pending

  28. 31 May 2013 · Land sales

    Anchorvale Crescent: Awarded

    Executive Condominium housing · status on 31 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd at S$245,577,000

  29. 13 June 2013 · Land sales

    Fernvale Close: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 13 June 2013: Tender closed, award pending

  30. 14 June 2013 · Land sales

    Fernvale Close: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 14 June 2013: Awarded · awarded to FCL Topaz Pte. Ltd., Far East Orchard Limited and Sekisui House, Ltd. at S$256,980,000

  31. 17 June 2013 · Land sales

    Yuan Ching Road / Tao Ching Road: Launched for tender

    Executive Condominium housing · status on 17 June 2013: Tender open

  32. 17 June 2013 · Land sales

    Punggol Drive / Edgedale Plains: Launched for tender

    Executive Condominium housing · status on 17 June 2013: Tender open

  33. 18 June 2013 · Land sales

    Cecil Street / Telok Ayer Street: Launched for tender

    Commercial and open space (residential use will not be allowed) · status on 18 June 2013: Tender open

  34. 18 June 2013 · Land sales

    Faber Walk: Tender closed

    Residential · status on 18 June 2013: Tender closed, award pending

  35. 20 June 2013 · Land sales

    Faber Walk: Awarded

    Residential · status on 20 June 2013: Awarded · awarded to World Class Land Pte Ltd at S$156,688,000

  36. 28 June 2013 · Land sales

    Yishun Avenue 2 / Yishun Central 1: Launched for tender

    Mixed commercial and residential · status on 28 June 2013: Tender open

  37. 28 June 2013 · Land sales

    Mount Sophia: Launched for tender

    Residential · status on 28 June 2013: Tender open

  38. 28 June 2013 · Archive event

    MAS introduces Total Debt Servicing Ratio framework for property loans

    Announced 28 June 2013

Methodology5 rules
  • Comparison anchored to effective date: 12 January 2013. The anchor is the effective date where one is recorded, otherwise the announcement date.
  • The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
  • A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
  • Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
  • Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.

Sources

The event's sources (5)

Primary sources4
  • Additional Measures to Ensure a Stable and Sustainable Property Market. Joint press release, Ministry of Finance, Ministry of National Development, Monetary Authority of Singapore and Ministry of Trade and Industry, 11 January 2013, complete with Annex I on ABSD, Annex II on LTV and cash, Annex III on public housing and Annex IV on lease-dependent CPF and HDB loan rules.

    Ministry of Finance · Primary source · Published 11 January 2013

    Open original source

  • MAS Notice 825, Residential Property Loans (Finance Companies), issued 27 August 2013, effective 28 August 2013. Cited as the current consolidated version, last revised 21 August 2025.

    Monetary Authority of Singapore · Primary source · Published 27 August 2013

    Open original source

  • HDB Resale Price Index, quarterly official dataset, 1990-Q1 to 2026-Q2. Retrieved 14 August 2026 via the data.gov.sg datastore API. Final index values, not flash estimates.

    Housing & Development Board · Primary source · Published 14 August 2026

    Open original source

  • URA Private Residential Property Price Index By Type Of Property, quarterly, base 1Q2009 = 100. SingStat TableBuilder table M212261, Residential Properties series, 206 quarters 1975-Q1 to 2026-Q2. Retrieved 14 August 2026 via the open TableBuilder API.

    Urban Redevelopment Authority · Primary source · Published 14 August 2026

    Open original source

Supporting sources1
  • Knight Frank Singapore Residential Research Quarterly Bulletin, Q1 2013. Supporting industry source for monthly developer-sales figures and contemporaneous market interpretation.

    The Business Times · Secondary source · Published 1 April 2013

    Original source link unavailable

Event checked against its primary sources on 14 August 2026. Each claim keeps its own verification status.

Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.