Singapore Launches New Measures to Cool Property Market

The video discusses the introduction of new cooling measures in Singapore's property sector due to concerns about overheating. These measures include increased stamp duties for second and third homes, affecting citizens, permanent residents, and foreigners. The video highlights global property trends, the impact of low interest rates, and the political implications of housing affordability, especially for millennials. It also provides statistics on property prices and transactions, emphasizing the robust demand in Singapore's market.

In what ways have the cooling measures affected different groups of people in Singapore?

How does the demand for property in Singapore compare to that in Manhattan?