Price gap between GCBs and Sentosa Cove bungalows narrows further
The sales volume of luxury private homes in the exclusive city of Sentosa Cove have taken a toll, as the additional buyer’s stamp duty (ABSD) rose from 30% to 60% for foreign buyers purchasing residential property in Singapore. This measure, which came into effect on April 27, resulted in a knee-jerk reaction from its citizens, […]