Sales of Tiong Seng’s condo projects at Balmoral, Orchard hit hard by cooling measures

April 18, 2022 7:25 AM

SINGAPORE (THE BUSINESS TIMES) – Singapore’s latest property cooling measures have affected the sales of construction group Tiong Seng’s two condominium projects located in Balmoral and Orchard, due to the higher additional buyer’s stamp duty (ABSD) rates for foreign buyers.

Source : https://www.straitstimes.com/business/property/sales-of-tiong-sengs-condo-projects-at-balmoral-orchard-hit-hard-by-cooling-measures