Category: Singapore

The ‘I don’t like you’ tax

6 March, 2013 (14:32) | Appraisals, Capital, China, Global news, Hong Kong, Local issues, Ownership, Real estate taxes, Rental, Singapore, Speculation, Valuation |

By:David A. Smith   For the most full-on Monet of reasons (“from far away, it’s okay, but up close it’s a big old mess”), Signapore has imposed a hefty surtax on foreigners buying residential property in their thriving city state.  As reported in the Wall Street Journal (January 29, 2013):   Singapore’s Housing Tax Hits […]