February 26, 2024

Capital gains tax in Singapore: Do we need it?

In Singapore, the question of whether Capital Gains Tax (CGT) should (or can) be implemented stirs considerable debates because it reflects the broader discussions on equity, fiscal sustainability, and economic competitiveness. Though can be considered an academic contemplation, the CGT question touches on Singapore’s core economic strategy and social contract. As such, we will try…

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Condo resale capital gains surge by S$42k; First price drop in 5 months

In a recent article, we discussed how a recently MOP-ed HDB in Kallang witnessed a capital gain of S$500k. Building on this, the condo resale market is seemingly experiencing a surge in capital gains.  However, amidst this surge, a notable event unfolds – the first price drop in five months, signalling potential shifts in the…

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