Singapore steps up property curbs to bring down prices

News - Singapore steps up property curbs to bring down prices

bbc.co.uk 14 Jan '13, 3am

Singapore steps up property curbs to bring down prices

14 January 2013 Last updated at 04:42 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Singapore steps up property curbs to bring down prices Home prices have hit record highs in the city-state despite a slowing economy Continue reading the main story Related Stories China's Singapore economy lesson Watch Singapore: Economic slowdown opens foreign labour debate Singapore has moved to curb its red-hot property market, hitting the share prices of its major property firms. Shares of CapitaLand fell almost 6%, Keppel Land fell 7.5% and City Developments fell 7.3% in early trading. Authorities have introduced higher taxes on industrial as well as residential property. Prices have continued to rise despite a weak economy and previous government efforts to bring them down. "We think the reaction to this set of comprehensive measures will be the m...

Full article: http://www.bbc.co.uk/news/business-21007478

Tweets

@healyconsultant » 20 Jan '13, 10pm
#Singapore stepping up attempts to curb the property market, drop housing prices [link]
@CPotsOnline » 17 Jan '13, 9am
Politicians in Singapore doing their best to bring down the cost of housing! Should the UK do similar? [link]
@ThePeterHogan » 15 Jan '13, 1pm
Singapore steps up property curbs to bring down prices - Should the UK be doing the same? [link]
@widartoadi » 15 Jan '13, 5am
"Singapore steps up property curbs to bring down prices" [link] - recommended via @Prismatic
@Cemster2011 » 14 Jan '13, 11pm
RT @EEC_UK: Singapore steps up property curbs to bring down prices [link] #propertynews #eecuk
@nate_fri » 14 Jan '13, 4pm
In Singapore: "Foreigners & firms buying residential property will now pay a stamp duty of 15%." #bcpoli #realestate [link]
@RandyChatterjee » 14 Jan '13, 3pm
RT @the99tweets: SINGAPORE curbs rampant property speculation and unaffordability using targeted high transfer taxes [link] #VanRE #vanpoli
@the99tweets » 14 Jan '13, 3pm
SINGAPORE curbs rampant property speculation and unaffordability using targeted high transfer taxes [link] #VanRE #vanpoli
@Simonesantoba » 14 Jan '13, 1pm
RT @Asia_Files: #Singapore, immobili troppo cari. Il governo introduce tasse più alte per i proprietari [link]
@Asia_Files » 14 Jan '13, 1pm
#Singapore, immobili troppo cari. Il governo introduce tasse più alte per i proprietari [link]
@NicholsonInvest » 14 Jan '13, 11am
Record prices; Singapore, as well as many other Asian nations, has seen property prices rise because of moves... [link]
@andysnape » 14 Jan '13, 10am
RT @CityWorldNow: The BBC reports on Singapore's attempt to curb its rampant property market. [link] [link]
@Fabrysilvia » 14 Jan '13, 10am
RT @ZiggyHarris: Singapore steps up property curbs to bring down prices - [link] #wealth #property #Singapore
@the_Eggzit » 14 Jan '13, 9am
RT @YVRHousing: BBC News - Singapore steps up property curbs to bring down prices [link]
@EEC_UK » 14 Jan '13, 9am
Singapore steps up property curbs to bring down prices [link] #propertynews #eecuk
@ZiggyHarris » 14 Jan '13, 9am
Singapore steps up property curbs to bring down prices - [link] #wealth #property #Singapore
@chiaferry » 14 Jan '13, 9am
RT @BBCBusiness: Singapore steps up property curbs [link]
@lazzaroroberto » 14 Jan '13, 8am
BBC News - #Singapore steps up #property #curbs to bring down #prices [link] #realestate #re #market #share
@havenroad » 14 Jan '13, 8am
FYI - BBC News - Singapore steps up property curbs to bring down prices [link]
@vicenteferrio » 14 Jan '13, 7am
RT @TheBubbleBubble: #Emerging #markets bubble update - "Singapore steps up property curbs to bring down prices" (too late, already a bbl!): [link]
@aClilToClimb » 14 Jan '13, 7am
BBC News - Singapore steps up property curbs to bring down prices [link] #besig cc @chiasuan
@CityWorldNow » 14 Jan '13, 6am
The BBC reports on Singapore's attempt to curb its rampant property market. [link] [link]
@Simon_H_World » 14 Jan '13, 6am
Singapore steps up property curbs to bring down prices - interesting strategy that the UK should keep sn eye on. [link]
@Karishma7 » 14 Jan '13, 6am
good buying opportunity if property prices in singapore finally fall?! [link]
@EmmaFowlerAsia » 14 Jan '13, 5am
#Singapore #property market affected by new legislation: [link]
@MiiWeApp » 14 Jan '13, 4am
Real Estate: Singapore steps up property curbs to bring down prices [link]
@sriramnat » 14 Jan '13, 4am
BBC - Singapore steps up property curbs to bring down prices [link] Dubai, please take note before you build another bubble!
@Addpropertyfree » 14 Jan '13, 4am
[link] Singapore steps up property curbs: 13 January 2013 Last updated at 22:... [link] [link]
@BontangKuring » 14 Jan '13, 4am
#OpenFollow Singapore steps up property curbs - BBC News [link] #Singapore
@MarimoJames » 14 Jan '13, 3am
BBC News - Singapore steps up property curbs to bring down prices [link]
@TheBubbleBubble » 14 Jan '13, 3am
#Emerging #markets bubble update - "Singapore steps up property curbs to bring down prices" (too late, already a bbl!): [link]
@fabulavancouver » 14 Jan '13, 4am
BBC News - Singapore steps up property curbs to bring down prices [link]
@bloggerasia » 14 Jan '13, 4am
#OpenFollow Singapore steps up property curbs - BBC News [link] #Singapore