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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