Dr Susan Wachter, Professor of Real Estate and Finance at The Wharton School of the University of Pennsylvania reckoned that the higher stamp duty introduced by the Singapore government for the property sector would impact all buyers. As this measure is less targeted than conventional macro-prudential policies, buyers are likely to consider their decisions more carefully before investing in their next property. Professor Wachter made the above observations at a seminar on “Macro-Prudential Policy after the Great Recession” held at SMU, organised by SKBI on 14 Dec 2011.
SUBSCRIBE TO THE SKBI MAILING LIST*
Get updates on SKBI news and forthcoming events.
*Please note that upon providing your consent to receive marketing communications from SMU SKBI, you may withdraw your consent, at any point in time, by sending your request to skbi_enquiries [at] smu.edu.sg (subject: Withdrawal%20consent%20to%20receive%20marketing%20communications%20from%20SMU) . Upon receipt of your withdrawal request, you will cease receiving any marketing communications from SMU SKBI, within 30 (thirty) days of such a request.