MAS takes steps to stabilize property market

14 January 2011 | 2 minutes read

Monetary Authority of Singapore has announced measures to stabilize the property market with effect from 14 January 2011 in a statement issued by the regulator. Owners of residential properties will now have to hold their investments for much longer if they want to avoid paying high stamp duties. MAS has increased the holding period for imposition of seller’s stamp duty…

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