Singapore property stocks fall on higher home purchase tax

Singapore property stocks fall on higher home purchase tax

themalaymailonline.com 20 Feb '18, 4am

Tools Increase Text Decrease Text Reset Text Print Article Stamp duty on the portion of a property’s price above S$1 million will be raised effective immediately, to 4 per cent from 3 per cent, the government said in its budget on Monday. — Reuters pic SINGAPORE, Feb 20 — Singapore property stocks declined after the government raised taxes on home purchases of more than S$1 million (RM2.9 million), just as the housing market starts to recover from a four-year slump. UOL Group Ltd and City Developments Ltd fell more than 2 per cent in early trading, making them the biggest decliners on the benchmark Straits Times Index. CapitaLand Ltd, the ...

Singapore property stocks are showing "fatigue"

bloomberg.com 19 Feb '18, 4am

Collective apartment sales in the first two months of 2018 totaled over S$3.1 billion ($2.4 billion), almost twice the S$1.66 billion seen in...

Resale condo prices rise on the back of collective sales

iproperty.com.sg 20 Feb '18, 1am

Could the recent collective sales fever have had an effect on the resale condominium market? Quite possibly. Resale condo prices rise 1% in J...

Singapore: Frasers Property expands European footprint with $354m deal

dealstreetasia.com 19 Feb '18, 9am
Singapore: Frasers Property expands European footprint with $354m deal

SGX-listed Frasers Property is acquiring a property portfolio of 22 assets, owned and managed by Alpha Industrial Holding, in Luxembourg. The...

Proximity Housing Grant - distance will increase from 2km to 4km For singles who purchase resale ...

hdb.gov.sg 19 Feb '18, 9am

The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Developmen...

Singapore takes 9th spot in global intellectual property index - OpenGov Asia

opengovasia.com 12 Feb '18, 3am
Singapore takes 9th spot in global intellectual property index - OpenGov Asia

On Feb 8, the US Chamber of Commerce Global Innovation Policy Centre (GIPC) released its 6th ...

New: Non-Landed Residential Resale Property Transactions for the Week of Janu...

propwise.sg 13 Feb '18, 1am

Top Weekly Unbiased New Launch Review – Le Quest Non-Landed Residential Resale Property Trans...

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