$PROPNEX LIMITED(OYY.SI)$A knee jerk reaction is a buying opportunity.The Government on Wednesday (Dec 15) announced a package of measures to cool the private residential and HDB resale markets.The measures include raising Additional Buyer’s Stamp Duty (ABSD) rates, tightening the Total Debt Servicing Ratio (TDSR) threshold and lowering the Loan-to-Value (LTV) limit for loans from the Housing and Development Board (HDB), said the Ministry of Finance, the Ministry of National Development and the Monetary Authority of Singapore in a joint press release.The private residential and HDB resale markets have been buoyant, despite the economic impact of COVID-19.Private housing prices have risen by about 9 per cent since
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