What do you think the upcoming cooling measures might be other than ABSD revision after Heng Swee Keat's latest announcement?

Thanks for the interesting question John.

I shall not comment on what i think it will be. But i will comment on what i think it should be.

I will say though that Singapore has copied almost everything Hong Kong has done and the most effective so far has been the ABSD for second property and foreigners.

The least effective has been the mortgage restrictions, as most people are cash rich.

I read an interesting article a few years ago, that actually showed that the prices in SG actually was more controlled when the government created more HDB flats!

https://www.brinknews.com/hong-kong-vs-singapor...

I think that the government should produce higher quality HDB housing for lower prices.

Also as prices are normally a subject to demand and supply. I believe that as long as the government wants our population to grow, the prices will continue to increase.

Whatever the measure might be, it is likely that the main objective is to reduce the profitability of speculative property investments by transferring some of those potential profits to government taxes/duties.