Commentary “I’m Essentially Homeless For 15 Months Now”: New Cooling Measures Leaving Some Homeowners In A Difficult Situation

  • October 1, 2022
  • 5 min read
Join our Telegram group for instant notifications
Join Now

Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

avatar
Suki
Suki

The issue of when the 15 months start & end has not been addressed. Is it upon the option to purchase being exercised or sale completion?

Stacked Homes
Stacked Homes

Hey! It’s based on Sale Completion 🙂

Suki
Suki

Thanks

Turner
Turner

They can just go rent some HDB and give back some of their profits from selling their condo/landed. Shiok lah!

Stacked Homes
Stacked Homes

The main issue is that many who already sold their homes didn’t factor in renting for 15 months. It’s quite a hefty fee!

Ultra Shiny Marines
Ultra Shiny Marines

It is not possible for the government to please everyone.

Stacked Homes
Stacked Homes

True, hopefully, genuine home buyers would be able to transact easily. But often when people complain about high property prices, they don’t realise that cooling measures will actually affect them too so even if prices go down or stabilise, it does not necessarily mean you can afford it especially when the LTV or interest rates used to determine affordability become stricter.

Latest Posts

A Hidden Wellness Club Most People Dont Know About
Tastemakers A Hidden Wellness Club Most People Don’t Know About
November 30, 2022
Our Vanny
Property Stories How A Singaporean Couple Saved $30,000 Per Year Living In A DIY Van In The US
November 29, 2022
This Man Turned Waste Materials Into DIY Furniture For His HDB
Living In This Man Turned Waste Materials Into DIY Furniture For His HDB
November 29, 2022
HanselStudio02
Interior Tour A Mid-Century Modern HDB Home In Cantonment Close That Doubles As A Private Dining Space
November 28, 2022
chwee chian landed terrace 3
Property Stories Touring Chwee Chian Estate: Freehold Landed Living At The Greater Southern Waterfront
November 27, 2022
Inside A Dreamy Remake Of A 1970s Home With A Sky Lit Atrium
Living In Inside A Dreamy Remake Of A 1970s Home With A Sky-Lit Atrium
November 27, 2022
6m landed home 1
Property Stories A $6 Million Landed Home Nightmare: Owning A Landed Home But Struggling To Make Ends Meet
November 26, 2022
First Floor of the EM Wide Open spaces and a great view of trees from the park downstairs the inevitability of our house becoming a playground 2
Property Stories We Moved To A 38-Year-Old Executive Maisonette: Here’s What It’s Like To Stay In An Old EM In Jurong West
November 25, 2022
bishan hdbs
Advice We Are In Our Early 30s & Making $300k Per Year. Should We Buy Another HDB Or Upgrade To A Condo?
November 25, 2022
Inside A 80k Stylishly Renovated 4 Room HDB Hougang RiverCourt Tour
Insider Tour Inside A $80k Stylishly Renovated 4-Room HDB + Hougang RiverCourt Tour
November 25, 2022
home financing
Finance “I Paid Down My Home Loan Early” 4 Homeowners Share How They Are Working Around Rising Interest Rates
November 24, 2022
Touring The Hotel Like Sloane Residences With Gorgeous Landscaping
In-House Touring The Hotel-Like Sloane Residences With Gorgeous Landscaping
November 24, 2022
This Spin Studio Looks Even Better Than Some Luxury Hotels
Tastemakers This Spin Studio Looks Even Better Than Some Luxury Hotels
November 24, 2022
5 Biggest And Cheapest 5 Room HDB Units Above 1400 Sqft
Units Of The Week 5 Biggest And Cheapest 5-Room HDB Units Above 1,400 Sqft
November 24, 2022
november 2022 bto review
BTO November 2022 BTO Launch Review: Ultimate Guide To Choosing The Best Unit
November 23, 2022
Inside A Unique Combination Of A Bakery Home In A HDB Shophouse
Uncategorized Inside A Unique Combination Of A Bakery & Home In A HDB Shophouse
November 23, 2022