Third time lucky for some, could it be a case of seventh time lucky for Singapore? The city-state has just unveiled its latest and most stringent measures to cool a sizzling property market, which has defied a slew of steps since 2009.
Late on Friday the Asian financial hub increased a tax on foreigners and corporates buying residential property via an additional buyer's stamp duty of 15 percent of the purchase price, up from the previous 10 percent.