BT's Top Stories from Last Week

Singapore's young super-rich snap up island's priciest homes

Now, more and more, they're being snapped up by a new type of buyer: a younger generation of super-wealthy that made their money in not-so-traditional areas.

Ex-GIC CIO's low-key Singapore fund amasses US$10b for global foray

Avanda Investment Management's assets have more than doubled to around US$10 billion since it was co-founded by Ng in mid-2015 - soon after he retired from sovereign wealth giant GIC as its chief investment officer following a 42-year career in the public service.

Singapore simplifies Covid-19 border measures; new VTLs with Hong Kong, Philippines, among others

Other changes taking effect from 11.59pm on Feb 21 include a shorter travel history period of 7 days, down from 14 currently; a standardised 7-day stay-home notice for arrivals from all countries and regions; and less onerous testing requirements for Vaccinated Travel Lane (VTL) travellers.

Budget 2022: Higher ARF may not put the brakes on luxury car sales

That means the new measure is effectively already in place, because cars bought today will have to be registered with COEs from the next bidding round onwards.

Budget 2022: Property tax rates for homes to rise from 2023, analysts don't expect demand to dampen

The property tax rate for non-owner-occupied residential properties - which includes investment properties - will be hiked across the board: from 10-20 per cent presently, to 11-27 per cent from Jan 1, 2023 and 12-36 per cent from Jan 1, 2024.