Singapore Home Prices May Post First Drop in 5 Years on Curbs

bloomberg.com 13 Jan '13, 5pm

Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg

Singapore rolled out the most “comprehensive” housing measures since it started cooling the market in 2009 and may drive prices lower for the first time in five years, Mizuho Corporate Bank Ltd. and Barclays Plc said. Homebuyers had to pay 5 percentage points to 7 percentage points more in stamp duties starting Jan. 12, the government said in a statement a day earlier. It also added a levy for sellers of industrial buildings, whose values have doubled over three years, and imposed a tax of as much as 15 percent if the properties are sold within a year, it said. The latest measures follow government efforts that started almost four years ago to rein in residential property prices. Those steps have included barring interest-only loans for some housing projects and barring developers from absorbing interest payments. The new rules may limit gains for the stocks of Singapore’s...

Full article: http://www.bloomberg.com/news/2013-01-13/singapore-home-p...

Tweets

@ChaseLuxury » 15 Jan '13, 8pm
CapitaLand Leads Property Stocks Lower on Housing Curbs [link] via @bloombergnews #realestate #economy
@AGzee » 14 Jan '13, 6am
CapitaLand Leads Property Stocks Lower on Curbs: Singapore Mover [link] #RealEstate #CAPL
@MoFakhri » 14 Jan '13, 6am
CapitaLand Leads Property Stocks Lower on Curbs: Singapore Mover - Bloomberg via @BloombergNow [link]
@TomPorterSG » 14 Jan '13, 5am
Isn't that what they said last time? RT @BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]
@kasifdotinfo » 14 Jan '13, 5am
RT @stanyee: Singapore home prices may post first drop in 5 years on curbs | [link]
@SuzanneThomas43 » 14 Jan '13, 3am
RT @MarkCrosling: Singapore home prices may post first drop in 5 years on curbs | [link] via @BloombergNews
@adeiswiro » 14 Jan '13, 3am
A warning for the neighbors RT @BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]
@rohankapadia » 14 Jan '13, 2am
@ivanaagustin - “@BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]”
@Tommyksh » 14 Jan '13, 2am
“@BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]” @ashleychannn
@aljazzaf » 14 Jan '13, 2am
“@BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]” is it a bubble?
@jdrerup36 » 14 Jan '13, 2am
“@BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]” @aVanderLind @casieLH
@amshakir » 14 Jan '13, 2am
RT @BloombergNews: Singapore home prices may post first drop in 5 years on curbs | [link]
@felix_catman » 14 Jan '13, 1am
CapitaLand Leads Property Stocks Lower on Curbs: Singapore Mover [link] via @BloombergNews
@craigmaturi » 14 Jan '13, 12am
#Singapore #HomePrices May Post First Drop in 5 Yrs on Curbs [link] via @BloombergNews #MizuhoCorporateBank #Barclays
@adrianho11 » 13 Jan '13, 11pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs [link] via @BloombergNews > oh good, maybe a 20% drop ?
@bertsperling » 13 Jan '13, 10pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link] #housing #realestate
@GreenesTweets » 13 Jan '13, 9pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs: Singapore rolled ou... [link] #realtor [link]
@Dionnel2 » 13 Jan '13, 8pm
Cat Lost on Vacation Travels 190 Miles Home: [link] #home
@SingaporeVIP » 13 Jan '13, 6pm
News: Singapore Home Prices May Post First Drop in 5 Years on Curbs: Singapore rolled out t... [link] [link]
@jkfliu » 13 Jan '13, 6pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs [link] via @BloombergNews
@healyconsultant » 13 Jan '13, 5pm
After 5 years of skyrocketing prices, #Singapore housing market to see home prices fall [link]
@bloggerasia » 13 Jan '13, 5pm
#OpenFollow Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link] #Singapore
@SingaporePlaza » 13 Jan '13, 5pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link]
@SingaporeMeet » 13 Jan '13, 5pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link]
@SingaporeSign » 13 Jan '13, 5pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link]
@SingaporeAdv » 13 Jan '13, 5pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link]
@SingaporeToBali » 13 Jan '13, 5pm
Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link]
@BontangKuring » 13 Jan '13, 5pm
#OpenFollow Singapore Home Prices May Post First Drop in 5 Years on Curbs - Bloomberg [link] #Singapore