{"id":48278,"date":"2017-03-16T10:31:06","date_gmt":"2017-03-16T03:31:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-share-prices-trending-upwards\/"},"modified":"2017-03-16T10:31:39","modified_gmt":"2017-03-16T03:31:39","slug":"developer-share-prices-trending-upwards","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-share-prices-trending-upwards\/","title":{"rendered":"Developer share prices trending upwards"},"content":{"rendered":"


\nShare prices for some of Singapore\u2019s biggest developers surged after some cooling measures were eased last Friday. \u00a0
\nThree large property developers reported sizeable increases in their stock prices hours after the government announced the easing of two property cooling measures last Friday (10 March), reported The New Paper.
\nIn particular, UOL Group, CapitaLand and City Developments Limited (CDL) contributed to the highest gains in the Straits Times Index (STI), which rose at least four percent.
\nThe Business Times also reported that the FTSE ST Real Estate Index, which consists of 44 Singapore property firms, reached a record high since July 2015.
\nThe authorities announced that the Seller\u2019s Stamp Duty (SSD) will only apply to homes sold within three years of purchase instead of four years previously. They also lowered the rates for each tier by four percentage points effective from 11 March 2017.
\nAt the same time, the Total Debt Servicing Ratio (TDSR) framework was waived for mortgage equity withdrawal loans with loan-to-value (LTV) ratios of 50 percent and below.
\nBut before the two curbs were relaxed, share prices of property companies were already trending upwards. In fact, a report last month from the Singapore Exchange (SGX) revealed that the Real Estate Developers & Operators Index climbed 12.4 percent from the start of the year until 13 February, surpassing the 8.2 percent growth in the broader index (STI).
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Developer share prices trending upwards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Share prices for some of Singapore\u2019s biggest developers surged after some cooling measures were eased...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-48278","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cyG","jetpack-related-posts":[{"id":98473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-eschew-property-developers-post-cooling-measures\/","url_meta":{"origin":48278,"position":0},"title":"Investors eschew property developers post cooling measures","date":"September 25, 2018","format":false,"excerpt":"\r Weak interest seen for developer shares in Singapore.\u00a0 Stock pickers are shunning home builders in favour of Singapore real estate investment trusts (S-REITs) following the imposition of new real estate curbs in July, reported Bloomberg. \u201cThe market had not expected the severity of the measures announced,\u201d said Vijay Natarajan,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-that-acquired-expensive-land-to-feel-brunt-of-new-property-curbs\/","url_meta":{"origin":48278,"position":1},"title":"Developers that acquired expensive land to feel brunt of new property curbs","date":"September 4, 2018","format":false,"excerpt":"\r Experts revealed that real estate developers that bought pricey land in Singapore\u2019s prime districts during the most recent en bloc cycle prior to the implementation of the new property curbs are the most at risk from the fresh cooling measures, reported the Business Times. The city-state\u2019s prime areas are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-developers-think-that-private-condo-prices-will-fall\/","url_meta":{"origin":48278,"position":2},"title":"More developers think that private condo prices will fall","date":"August 31, 2018","format":false,"excerpt":"\r There was a reversal of market sentiment among Singapore home builders after the new property cooling measures were introduced on 6 July, reported the Business Times. In fact, the Real Estate Sentiment Index (RESI) compiled by the National University of Singapore (NUS) and the Real Estate Developers\u2019 Association of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-year-on-how-the-cooling-measures-came-and-shook-up-the-housing-market\/","url_meta":{"origin":48278,"position":3},"title":"One Year On: How The Cooling Measures Came And Shook Up The Housing Market","date":"July 4, 2019","format":false,"excerpt":"\r Today marks exactly one year since the Government dropped the surprise announcement that it was raising Additional Buyer\u2019s Stamp Duty (ABSD) rates and tightening Loan-To-Value (LTV) limits just after 7pm on July 5. The measures, which took effect the next day, came as a surprise, arriving just as property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/07\/higher-absd-rates.png?fit=851%2C617&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":96587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-fung-prices-new-flats-below-market-rate-as-cooling-measures-threaten-hong-kongs-property-rally\/","url_meta":{"origin":48278,"position":4},"title":"Nan Fung prices new flats below market rate as cooling measures threaten Hong Kong\u2019s property rally","date":"August 24, 2018","format":false,"excerpt":"\r Nan Fung Development has become the second Hong Kong developer to sell new homes below market price as the property market in the world\u2019s least affordable city starts to feel the effects of rising interest rates, cooling measures and a slowing Chinese economy. Housing policies announced by the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-to-hold-steady-despite-property-cooling-measures\/","url_meta":{"origin":48278,"position":5},"title":"Home Prices To Hold Steady Despite Property Cooling Measures","date":"April 29, 2019","format":false,"excerpt":"\r Darren Teo, head of research at Edmund Tie and Company, believes that residential property prices will remain firm even with the latest cooling measures in place. Despite last year\u2019s property cooling measures, Edmund Tie and Company expects residential property prices to remain relatively stable.\u00a0 Prior to the latest cooling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48278"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=48278"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48278\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}