2022 was one of the hottest years on record for the property market. Housing supply was (and still is) at a critically low point, and prices rose across all segments despite cooling measures. It would seem as though sellers couldn’t take a bad step during 2022. This is why we thought it would be fascinating to see those who actually.
Several cooling measures have been introduced over the years to cool the property market. Particularly, the Seller's Stamp Duty (SSD) aims to curb short-term property speculation by taxing owners who sell their residential properties within three years. Still, that hasn't stopped a small number of owners from selling their properties within a couple of years, and made an all-time high.