Singapore Property News This Week #136

Residential Minister Khaw: public housing policies must match social objectives In a blog post, National Development Minister Khaw Boon Wan said that 10,000 couples would benefit from the Parenthood Priority Scheme in the coming January, and that housing policies must be guided by social objectives including encouraging the young to get married and couples to…

Singapore Property News This Week #31

Residential A need for clearer ABSD guidelines The Additional Buyer’s Stamp Duty (ABSD) is the latest governmental measure aimed at cooling the residential market. The ABSD is imposed on foreigners and companies buying any residential property (including residential land), permanent residents buying their second and subsequent property and Singapore citizens buying their third and subsequent…