Last time ERP and COE were also "temporary" measures until they were established as luxury taxes.
The same appears to be happening to taxes on additional and especially private properties.
It won't affect the mass so HDB as well as first private property owners won't need to fork these taxes.
Originally Posted by
henryhk
Garment will not remove the measures...Unless 20% drop in property prices then maybe remove some, ... too many people have missed the boat and many are not happy, so cannot remove yet!! I think like tat is good, so tat my kids can buy the property at cheaper price next time befo the price escalate again! Well done👍🏻
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.