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Why It Matters
\\nEpisode 10
\\nDuration: 7:20 mins
\\nSynopsis: In this new podcast series for 2018, The Straits Times takes a close look at one key news talking point each week.
\\nIn July, National Development Minister Lawrence Wong said that the latest cooling measures for the Singapore property market - in the form of higher Additional Buyer\'s Stamp Duty or ABSD rates and tighter loan limits - were introduced because of concerns that the sharp recovery in private home prices "is running ahead of economic fundamentals".
\\nHave things cooled down since? What is the latest discount range developers are offering in the private market?
\\nHow will the new measures affect the man in the street looking for a roof over his head in the public housing market or the family that aspires to upgrade?
\\nThe Straits Times\' housing correspondent Rachel Au-Yong and correspondent Grace Leong tackle these questions.
\\nProduced by: Ernest Luis
\\nSee omnystudio.com/listener for privacy information.
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