Singapore’s surprise property tax hike a ‘freezing measure’ for foreigners

SINGAPORE¬† – Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new property taxes saw two of her deals fall through. Singapore raised levies on private property purchases in a surprise move late on Wednesday night to cool the market, including a doubling of stamp duties for foreigners … Continue reading Singapore’s surprise property tax hike a ‘freezing measure’ for foreigners