SINGAPORE (March 10): Even as Singapore’s property cooling measures look set to remain, the government on Friday announced a reduction of Seller’s Stamp Duties (SSD) and changes to the Total Debt Servicing Ratio (TDSR).

In addition, Second Minister for Finance Lawrence Wong in parliament on Friday introduced a new stamp duty levied on the purchase and sale of residential property in property-holding entities (PHEs).

The changes will kick in from March 11.

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