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Budget 2023: Buyer’s Stamp Duty hike unlikely to hurt property demand; some see it as wealth tax

Increase in Buyer’s Stamp Duty for higher value properties to kick in from Feb 15

Property stamp duty collection falls 15.7% to S$4.4b in first 9 months of FY2022

PROPERTY stamp duty collected in the first nine months of the government’s current fiscal year fell 15.7 per cent year on year, and is expected to finish FY2022 (ending March 2023) lower than in FY2021.

Singaporeans will not have to worry about having an affordable home to call their own: PM Lee

SINGAPOREANS, now or in generations to come, will not have to worry about having an affordable home to call their own, said Prime Minister Lee Hsien Loong.

HDB resale prices accelerate in Jan as million-dollar deals surge by 42%: SRX, 99.co

PRICES of resale Housing and Development Board (HDB) flats rose again in January this year, gaining an average of 1.4 per cent compared with December last year, according to flash figures released by SRX and 99.co on Thursday (Feb 9).

Goodbye JCube: New 40-storey project to boost housing supply in Jurong Lake District

JCUBE, a leisure and edutainment mall in Jurong East, is set to close its doors in August to make way for a 40-storey residential and commercial development.

Singapore’s headline inflation averaged 6.1% in 2022, core inflation at 4.1%

SINGAPORE’S inflation in 2022 came close to official forecast numbers, as price increases in December largely held steady, data from the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) showed on Wednesday (Jan 25).

Singapore's core inflation rises further to 5.3% in September, edging toward 14-year high

The figure is expected to stay elevated before slowing in the second half of 2023, say MAS and MTI.

Tighter home loan limits, new rules to cool HDB resale market: What you need to know

SINGAPORE: New property cooling measures took effect on Friday (Sep 30)

Narrowing price gap between CCR and RCR properties

CCR and RCR homes has narrowed to 14.9% from the 10-year average of 42.7%

ASCENDAS REIT TO ACQUIRE SINGAPORE COLD CHAIN FACILITY FROM PGIM FOR $136M

Ascendas REIT has agreed to acquire a food storage

Fewer condo deals in Aug as rising interest rates, Hungry Ghost bite: SRX, 99.co

Prices, however, continued to rise for the 25th straight month

‘Bulk purchases’ of private property uncommon, unlikely to impact market: MND

INSTANCES of “bulk purchases” of private property are uncommon

Lian Beng Group to dispose of property at Joo Chiat Road for $42 mil

The property is a freehold four-storey commercial building with an attic

Singapore’s core inflation rises to 4.8% in July, driven by higher prices of food, electricity and gas

OVERALL INFLATION INCREASES

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