FMT303: On 18 February 2022, Finance Minister Lawrence Wong in his Budget Speech said that non-owner-occupied residential properties and owner-occupied: Property Law Assignment, SUSS, Singapore

University Singapore University of Social Science (SUSS)
Subject FMT303: Property Law

On 18 February 2022, Finance Minister Lawrence Wong in his Budget Speech said that non-owner-occupied residential properties and owner-occupied homes will face higher property taxes. Examine the following:

(a) the nature and structure of property tax in Singapore; and

(b) the impact of Finance Minister Lawrence Wong’s announcement of higher property taxes and how such taxes affect the property market.

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