Reliable $1 Web Hosting by 3iX

Monday, February 21, 2011

ST Forum : Govt has legal option to tax based on land size

18 Feb 2011,
Govt has legal option to tax based on land size

I REFER to the letter from Mr Goh Ching Soon ("Make property tax more equitable"; Wednesday).

The current law gives the option to the authorities to tax the land if the situation calls for it.

Our Master Plan controls the plot ratio of lands, so a bungalow plot may not house that many apartments.

The Government introduced a progressive property tax regime which perhaps can address some of the issues raised by Mr Goh.

Patrick Sio

No comments:

Post a Comment

Pre-development Land Investing

In business for over 30 years, success in providing real estate investment opportunities to clients around the world is a simple, yet effective separation of roles and responsibilites. The four pillars of strength guide the land from the research and acquisition, through to the exit, including the distribution of proceeds to our clients ......


To know more how this is really work for you and your clients....

Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com