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Singapore: Speculators may turn to commercial property

Posted on 21 January 2013

Buyer interest in commercial property is growing in the wake of last week’s cooling measures, which included curbs on red-hot industrial property. Experts said commercial property, as yet untouched by any of the seven rounds of cooling measures, could become the new target segment of speculators.
All eyes are now on upcoming launches of office and retail space, which analysts said could be oversubscribed. The industrial cooling measures consist of a seller’s stamp duty, imposed for the first time on the sector………………………………………..Full Article: Source


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