Tag Archives: real estate

REAL ESTATE AGENCIES ASKING GOVT TO PUSH PROPERTY PRICES UP AGAIN

The Monetary Authority of Singapore (MAS) has been resisting calls from real estate developers to ease off cooling measures. The Real Estate Developers’ Association of Singapore has repeatedly called on the Government to ease some of the cooling measures, especially the additional buyer's stamp duty. It said earlier this year that the ABSD on the high-end housing market “runs counter to the Government’s efforts to encourage foreign investment flows into the country”.

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