Morning Shot: What Singapore's new stamp duty hike means for property buyers
Singapore is raising stamp duties on homes sold within four years to curb short-term speculation, reversing a move from 2017. This comes as sub-sales surge to their highest in over a decade, driven by rising prices and investor activity. Nicholas Mak, Chief Research Officer at mogul.sg, joins the Breakfast Show to discuss what’s fueling the spike in quick resales, how the new rules might reshape investor behaviour, and what ripple effects this could have on developers, transaction volumes, and even the HDB resale and rental markets.See omnystudio.com/listener for privacy information.