Budget 2013: Your Views - Property Auctions News, Property Investment | PropertyGuru

#sgbudget...Your Views:

“With the increase in property tax, it makes me reconsider buying property because prices are already so high and with this budget statement, it could make private residential units more expensive. Belinda Ngim, 32, Accounts Executive “It’s about time they introduce measures like increasing taxes for property. I watched the news last night and it may look bad now but I think it’s helpful in the long run. I wouldn’t mind paying more to ensure better living standards for my children.” Ivy Van Huizen, 58, Fitness Centre Manager “I am not really in favour of it – so many taxes. We already pay enough taxes, why tax us some more? But at least there was nothing to penalise PRs (permanent residents) like what happened in the recent property cooling measures. I was worried wondering if they would say something that would make it extremely difficult for me to live here, but they did...

Full article: http://www.propertyguru.com.sg/property-management-news/2...