Foreigners bear the brunt following additional buyer's stamp duty hike | Video
Singapore is taming its red-hot property market to give priority to locals wanting to buy their first homes, hiking the additional buyer's stamp duty (ABSD) overnight. Foreigners are bearing the brunt, with a doubling in their home purchase taxes. Rebecca Metteo reports.
Singapore is taming its red-hot property market to give priority to locals wanting to buy their first homes, hiking the additional buyer's stamp duty (ABSD) overnight. Foreigners are bearing the brunt, with a doubling in their home purchase taxes. Rebecca Metteo reports.