Singapore property tax hike hits foreigners hardest

The Singaporean government has announced tax increases on the purchase of residential property as it tries to cool a market heated up by the easing of the COVID-19 pandemic.   Foreign buyers have been hit with the biggest increase, with a levy on purchases doubling to 60% from 30%.   Read the full story here.	View in browser
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	Asia Daily Briefing April 27, 2023

	Singapore doubles residential property tax for foreigners The Singaporean government has announced tax increases on the purchase of residential property as it tries to cool a market heated up by the easing of the COVID-19 pandemic.   Foreign buyers have been hit with the biggest increase, with a levy on purchases doubling to 60% from 30%.   Read the full story here.
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