• 11/30/2024

Singapore home sales hit 6-month low on limited supply, while levies ‘almost kill off foreign demand’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Sale of privately built homes fell to 278 units in June, the lowest since 170 homes were sold last December, after the government recently doubled stamp duties for foreign buyers to 60 per cent and increased levies for second-home buyers.

https://www.scmp.com/business/article/3227970/singapore-home-sales-hit-six-month-low-limited-supply-while-levies-almost-kill-foreign-demand?utm_source=rss_feed