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S'pore an exception in Asia-Pac with cooling measures that have more bite

Published Tue, Nov 21, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SINGAPORE has been the only market in the Asia-Pacific in which government efforts to contain price increases have actually been successful.

    Governments in China, Hong Kong and Australia have been trying for years to slow the steady rise of residential property prices, mostly by imposing punitive sales taxes and higher mortgage downpayments.

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