The Real Estate Developers' Association of Singapore (REDAS) says the Additional Buyers' Stamp Duties in the high-end retail market "runs counter to the Government's efforts to encourage foreign investment flows into the country".
SINGAPORE: The private residential property market sprang to life in May after months of remaining in the doldrums, with developers’ sales surging 96 per cent as buyers snapped up units at the slew of new launches last month.
