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SINGAPORE: Property-related stocks saw a decline on Tuesday (Feb 20), a day after the Government announced in the Budget speech that the Buyer’s Stamp Duty (BSD) would be raised. (3-0)
Australian shares managed to claw back from early losses to end the day barely changed, as banks came under a bit of selling pressure but earnings and broker moves helped limit downside. (7-0)
Stamp duty on the portion of a property’s price above S$1 million will be raised effective immediately, to 4 per cent from 3 per cent, the government said in its budget on Monday. — Reuters picSINGAPORE, Feb 20 — Singapore property stocks declined after the government raised taxes on home purchases of more than S$1 million (RM2.9 million), just as the housing market starts to recover from a four-year slump. (15-0)
Singapore Budget 2018 aims to financially equip the city state for financial pressures that will come with a rapidly aging population. — Reuters file pic SINGAPORE, Feb 19 — A range of tax increases, including a 2 percentage point increase to 9 per cent in the goods and services levy, were unveiled by Singapore Finance Minister Heng Swee Keat in his budget speech to Parliament as among measures to financially equip the city state for financial pressures that will come with a rapidly aging population. (15-0)
Collective apartment sales in the first two months of 2018 totalled over S$3.1 billion (RM9.1 billion), almost twice the S$1.66 billion seen in the last peak of the enbloc market in 2007. — TODAY picSINGAPORE, Feb 19 — A spate of enbloc sales, coupled with a rebound in the property market at the start of the year, may indicate that Singapore developers will be more cautious in adding to landbanks and about their pricing strategies, analysts say. (3-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (3-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (28-0)
Real estate services firm Colliers today said average home prices may rise by 17 per cent over 2018-2021. — TODAY picSINGAPORE, January 10 — Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. (15-0)
SINGAPORE: The likes of banking heavyweights, developers and property trusts will continue to lead the charge next year for Singapore’s stock market, which could see gains of as much as 11 per cent, according to market analysts. (9-0)
Market recovers: A file picture showing residential buildings in the Orchard Road area of Singapore. The property market has shown signs of a turnaround this year. — Bloomberg (16-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (16-0)
People shop at a department store in Bangkok. — Reuters picMANILA, Oct 9 — Most South-east Asian stock markets edged higher today, with the Philippines headed for a sixth winning session in seven as expectations of a tax overhaul kept investors upbeat. (9-0)
The Edit: Jackie Chan says ‘Rush Hour 4’ is on the way, but on one condition (5-0)
The optimism for home sales this year comes as investor sentiment improved in the city-state on the back of a recovery in export demand. — TODAY picSINGAPORE, June 19 — Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from over.
Investors get Haw Par's healthcare business, which owns the century-old iconic brand, Tiger Balm, for free at current valuations.