The tax is now 60 per cent for foreign buyers, while citizens and permanent residents will see small increases when buying second and subsequent properties.
Singapore doubles property stamp duty for foreigners to 60%
Foreigners who have secured permanent residency in Singapore will only pay a stamp duty of 5 per cent, but they will pay 30 per cent — up from 25 per cent — if they buy a second residential property. ( read original story ...)
Singapore’s Surprise Property Tax Hike a ‘Freezing Measure’ for Foreigners
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 to an eye-watering 60%. Liu's ... ( read original story ...)
Singapore hikes property tax in latest round of cooling measures
Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, which will take effect from today. ( read original story ...)
Snap Insight: Latest round of Singapore property cooling measures perplexing in sluggish economy
Higher mortgage rates, property tax and inflation have already caused home buyers and investors to hold back – so why another round of cooling measures? Real estate consultant Ku Swee Yong weighs in. ( read original story ...)
Singapore doubles property tax on foreigners to 60pc
The city-state’s real estate sector has remained buoyant even as other countries face slowdowns because of soaring interest rates and inflation. ( read original story ...)
Jail for man who paid doctor linked to Healing the Divide group to obtain fake vaccination records
David Christopher Newton paid S$6,000 to have himself and his unsuspecting wife injected with saline so he could enter Australia despite being unvaccinated.
2 Chinese navy ships head to Singapore for joint drills
China's military has dispatched a pair of navy ships to take part in joint drills with Singapore's navy and join in a regional maritime security exhibition
Singapore executes man for helping buy 2 pounds of cannabis
Singapore has executed a man accused of coordinating a cannabis delivery, despite pleas for clemency and protests that he was convicted on weak evidence
Singapore executes marijuana trafficker amid international outcry
Singapore put a convicted drug trafficker to death Wednesday after the city-state defended its hard-line approach to narcotics offenses from international critics.
Odyssey of a 90-Year-Old from Israel, the United Kingdom, Australia and Singapore
Having reached an advanced age and living in full retirement, Peter Ellinger has written his Memoirs. His odyssey chronicles his journey from Israel, taking him around the world to the UK, New Zealand,
UPDATE 1-Shares of Singapore property firms slip on surprise tax hike
Shares of Singapore property companies fell on Thursday after the government raised taxes on private property purchases, including doubling stamp duty for foreigners.
Cooling ‘pre-emptive measure’ to dampen local & foreign property investment demand: Desmond Lee
Raise ABSD rate from 17 per cent to 20 per cent for Singapore citizens purchasing their second residential property Raise ABSD rate from 25 per cent to 30 per cent for Singapore citizens purchasing ...
Latest round of property cooling measures hits S’pore stock market
While property stocks were in the first line of fire, banks were also sold down. Read more at straitstimes.com.
Singapore hangs man for trafficking marijuana despite claims of weak evidence
Despite a plea for clemency, Tangaraju Suppiah was hanged after being sentenced to death in 2018 for trafficking of 2.2 pounds of marijuana.
Singapore executes man who allegedly conspired to traffic 2 pounds of cannabis
A man who allegedly conspired to traffic over two pounds of cannabis in Singapore has been executed. Some argue that the evidence for the crime was weak.