Property tax
In taxing wealth, how far can Singapore push property owners?
While inequality data has revived calls for wealth taxes, the government remains focused on immobile assets
Hong Kong ultra-luxury home sales slide after stamp duty hike
The measure is expected to affect only a small fraction of total transactions
Mamdani threatens NYC property tax hike as last-resort option
But Governor Kathy Hochul hasn’t budged on her refusal to raise levies on corporations and wealthy residents
Should landlords worry? Singapore’s new inequality data suggests tough conversations will continue
With a clearer – and less flattering – picture of income and wealth inequality, the discussion can shift to what should be done
Major tax hikes unlikely in upcoming Budget, but property tax rates may rise in future
Hiking property tax rates relatively palatable; consider concessions if rates rise
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
Singapore grants one-off property tax rebate for all owner-occupiers in 2026
Owners of one and two-room HDB flats will still be exempted from property tax
Up to 400 large UK stores at risk of closure from property tax hike: BRC
The government has proposed higher business rates, or commercial property taxes, on sites with a rateable value of over £500,000
Stamp duty takings up 9.5% to S$6.4 billion in FY2024 after two years of decline
Property tax revenue increases 12.9% to S$6.7 billion
Vietnam mulls overhaul of property transfer tax, sparks fears of stalling recovery
The drafted rule charges a 20% tax on net profit from real estate transactions, or 10% of the sale price for properties owned for under two years
