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Singapore_Residential_Price_Decline_&_Cooling_Measures

The Singapore government is serious in its intent to prevent house price inflation. Multiple cooling measures have been imposed to bring down prices, in the form of additional taxes is especially a huge cost that can set investors back for years. Yesterday Singapore also raised buyers stamp duty by 1% for properties over $1.5mil. Source: Urban Redevelopment Authority & Singapore Business Times

The Singapore government is serious in its intent to prevent house price inflation. Multiple cooling measures have been imposed to bring down prices, in the form of additional taxes is especially a huge cost that can set investors back for years. Yesterday Singapore also raised buyers stamp duty by 1% for properties over $1.5mil. Source: Urban Redevelopment Authority & Singapore Business Times

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