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Additional Buyer's Stamp Duty (ABSD)

Singapore's property glut could take years to clear

Property

Singapore's property glut could take years to clear

(Dec 9): Singapore has a property glut that could take years to clear, threatening to kill a nascent price recovery amid an already uncertain economic outlook.
Rich families skirt tax by buying homes for kids

Property

Rich families skirt tax by buying homes for kids

Singapore rich kids end up with penthouses as parents skirt tax

Broker's Calls

UOL still a 'buy' despite Singapore's property cooling measures in place

SINGAPORE (July 9): OCBC is maintaining its “buy” call on UOL Group with a lowered fair value estimate of $8.48.

Property

Singapore raises ABSD, tightens LTV after strong property price gains

SINGAPORE (July 6): Singapore on Thursday announced a five percentage point rise in stamp duty for some home buyers and tightened housing loans in a bid to cool the property market and keep price increases in line with economic fundamentals.

Property

Singapore raises stamp duty rates on additional property purchases to cool market

SINGAPORE (July 5): Singapore tightened curbs on the property market after home prices posted a second straight quarter of strong gains, extending a recovery from a four-year slump.

Sing Holdings disposes 100% stake in Robin Residences

SINGAPORE (March 13): Sing Holdings managed on Friday to disposed its entire 100% stake in freehold condominium Robin Residences via Sing Holdings (Robin) to a group of Singaporean private investors.

Broker's Calls

Underperforming CityDev could get a boost

SINGAPORE (July 12): City Developments Limited (CDL) has taken a beating since the Brexit vote. But a potential Profit Participation Securities (PPS) following its Nouvel 18 acquisition could give it a much-needed boost.
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