Cooling measures are government policies designed to regulate the property market and prevent it from overheating. These measures can take various forms, such as increasing stamp duties, tightening loan-to-value ratios, and imposing seller’s stamp duties.
The impact of cooling measures on HDB prices depends on the specific measures introduced, the state of the property market, and the overall economic conditions. In general, cooling measures can reduce demand for HDB properties, which may result in lower prices. However, the extent of the price reduction will depend on factors such as the severity of the measures, the supply and demand of HDB properties, and the level of overall economic growth.
It’s worth noting that HDB prices are also influenced by other factors, such as location, condition of the property, and proximity to amenities. Therefore, while cooling measures can have an impact on HDB prices, they are not the only factor affecting the property market.
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