Brokers' take
Singapore Property OCBC Investment Research, Feb 20
WE view (the Buyer's Stamp Duty rate increase) as a mild cooling measure aimed at enhancing progressivity. While there could be a negative knee-jerk reaction to the share prices of developers, the incremental outlay is unlikely to severely dampen demand for the residential market.
However, there would likely be a more significant impact on the collective sales market which is larger in ticket size. The Buyer's Stamp Duty rates for non-residential properties remain unchanged at one…
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