Private property owners will now have to wait for 15 months after selling their property before they can buy a non-subsidised HDB resale flat

The Government said this is a temporary measure to moderate demand and ensure that resale flats remain affordable for buyers

The maximum loan amount limits for housing loans will also be tightened

This will help buyers borrow money prudently and avoid future difficulties in repaying home loans

The loan-to-value limit for HDB loans will also be lowered from 85 per cent to 80 per cent