{"id":138355,"date":"2023-07-17T14:53:34","date_gmt":"2023-07-17T07:53:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-sales-hit-6-month-low-on-limited-supply-while-levies-almost-kill-off-foreign-demand\/"},"modified":"2023-07-17T15:08:35","modified_gmt":"2023-07-17T08:08:35","slug":"singapore-home-sales-hit-6-month-low-on-limited-supply-while-levies-almost-kill-off-foreign-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-sales-hit-6-month-low-on-limited-supply-while-levies-almost-kill-off-foreign-demand\/","title":{"rendered":"Singapore home sales hit 6-month low on limited supply, while levies \u2018almost kill off foreign demand\u2019"},"content":{"rendered":"


\nSale of privately built homes fell to 278 units in June, the lowest since 170 homes were sold last December, after the government recently doubled stamp duties for foreign buyers to 60 per cent and increased levies for second-home buyers.
\n
\nSource : South China Morning Post
\nRead more…Singapore home sales hit 6-month low on limited supply, while levies \u2018almost kill off foreign demand\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sale of privately built homes fell to 278 units in June, the lowest since 170...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138355","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zZx","jetpack-related-posts":[{"id":106706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-acquisition-by-singaporeans-soar-in-q1-2019\/","url_meta":{"origin":138355,"position":0},"title":"Private Home Acquisition By Singaporeans Soar In Q1 2019","date":"April 30, 2019","format":false,"excerpt":"\r Singaporeans\u2019 share of local home purchases rose the highest in a decade versus foreigners, with 79 percent of private apartments snapped up by locals during the first quarter of 2019, reported Bloomberg citing OrangeTee & Tie. In fact, the proportion of locals acquiring luxury homes soared 69 percent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-luxury-home-prices-up-7-9-in-q2\/","url_meta":{"origin":138355,"position":1},"title":"S\u2019pore luxury home prices up 7.9% in Q2","date":"August 16, 2016","format":false,"excerpt":"\r Singapore was ranked ninth for global price growth, revealed Knight Frank\u2019s report.\u00a0 Singapore was listed ninth on Knight Frank\u2019s Prime Global Cities Index for Q2 2016, with luxury home prices increasing 7.9 percent in the year to June 2016. According to the property consultancy, prime property corresponds to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/08\/Prime-price-performance-Q2-2016.jpg?fit=560%2C559&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":109010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyers-lead-return-of-foreigners-in-singapores-luxury-homes\/","url_meta":{"origin":138355,"position":2},"title":"Chinese buyers lead return of foreigners in Singapore\u2019s luxury homes","date":"July 15, 2019","format":false,"excerpt":"\r Despite the cooling measures and hefty levies last year, data showed an unexpected rebound in the market as foreigners, especially Chinese buyers, are once again flocking into Singapore\u2019s luxury property market. Chinese buyers have recently dominated the prime residential markets, taking over from affluent tycoons from Indonesia and Malaysia.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-demand-muted-due-to-strict-stamp-duty-strong-sing-dollar\/","url_meta":{"origin":138355,"position":3},"title":"Foreign demand muted due to strict stamp duty, strong Sing dollar","date":"August 30, 2017","format":false,"excerpt":"\r The proportion of foreign property buyers in Singapore remains low, data shows. With the Additional Buyer\u2019s Stamp Duty (ABSD) and strengthening Singapore dollar, foreign demand for homes in Singapore remained muted even as private home sales soared 50 percent year-on-year during the first seven months of 2017, reported TODAYonline.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-condo-demand-in-bangkok-in-tip-top-shape\/","url_meta":{"origin":138355,"position":4},"title":"Luxury condo demand in Bangkok in tip-top shape","date":"August 10, 2016","format":false,"excerpt":"\r An influx of foreign buyers from Hong Kong, Singapore and Taiwan take advantage of higher yields Magnolias Waterfront-Residences at IconSiam One of Thailand\u2019s most active developers, Magnolia Quality Development Corporation (MQDC), thinks demand for luxury condominiums in Bangkok will remain strong and won\u2019t be hindered by the weak overall\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extend-waiver-on-foreign-worker-levies-say-subcontractors\/","url_meta":{"origin":138355,"position":5},"title":"Extend waiver on foreign worker levies, say subcontractors","date":"July 29, 2020","format":false,"excerpt":"\r Construction industry subcontractors have urged the government to extend the waiver of foreign worker levies as they face uncertainties over workers and payments. Construction industry subcontractors have urged the government to extend the waiver of foreign worker levies as they cannot afford to resume paying the levies this month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138355"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=138355"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}