Price gap between GCBs and Sentosa Cove bungalows narrows further
The additional buyer’s stamp duty (ABSD) for foreign buyers of residential property in Singapore has been doubled from 30% to 60%. This measure, which came into effect on April 27, has had a serious effect on the sales volume of luxury private homes in enclaves such as Sentosa Cove. List Sotheby’s International Realty’s director of […]