New measures to cool Singapore housing mart
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New measures to cool Singapore housing mart
Dec 09, 2011
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SINGAPORE: Singapore yesterday announced new measures to cool the city-state’s housing market, saying foreigners who buy private homes will have to pay an additional stamp duty equal to 10 per cent of the property value.
Permanent residents who already own a Singapore home will pay an additional stamp duty of three per cent when they buy a second and subsequent properties, while citizens who purchase a third and subsequent homes will pay three per cent.-Reuters
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Related Categories: Daily Property News and Updates
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