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Updated by Mia Amanda on Aug 21, 2018
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Malaysia to review high-speed rail link to Singapore

KUALA LUMPUR: Malaysia will review the implementation the high-speed rail line to Singapore, among other mega projects, according to the newly appointed economic affairs minister Mohamed Azmin Ali.

https://www.propertyasiadirect.com/malaysia-review-high-speed-rail-singapore/

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Malaysia to review high-speed rail link to Singapore

Malaysia to review high-speed rail link to Singapore

KUALA LUMPUR: Malaysia will review the implementation the high-speed rail line to Singapore, among other mega projects, according to the newly appointed economic affairs minister Mohamed Azmin Ali.
https://www.propertyasiadirect.com/malaysia-review-high-speed-rail-singapore/

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ABSD raised as new cooling measures announced

ABSD raised as new cooling measures announced

SINGAPORE: The Government announced today (Jul 5) that it would raise Additional Buyer Stamp Duty (ABSD) rates and tighten Loan-to-Value (LTV) limits on residential property purchase to “cool the property market and keep price increases in line with economic fundamentals”.

In a press release jointly sent by the finance and national development ministries, as well as the Monetary Authority of Singapore (MAS), the authorities said the ABSD will be raised by 5 percentage points for citizens and permanent residents buying second and subsequent homes, and by 10 percentage points for entities.