Page 78 - City Development News Today

Singapore raised levies on private property purchases Wednesday to cool the market, including a doubling of stamp duties for foreigners.

By Chen Lin and Xinghui Kok SINGAPORE (Reuters) - Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new p...

INDONESIA's rupiah led most emerging Asian currencies higher against a broadly weaker U.S. dollar on Thursday, with investors awaiting the U.S. Federal Reserve's policy meeting next week, while stock markets in the region also posted gains.

Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, which will take effect from today.

Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new property taxes saw two of her deals fall through.

Analysts, however, are unsure if the new rates can cool the market as the super-rich may continue to buy, keeping prices elevated.

That plan, drafted by Mayor Johnsons administration, features conceptual project ideas that include affordable housing — a growing need in Bay View.

Milwaukee’s Department of City Development and Milwaukee Downtown, BID #21 released draft recommendations of a new downtown area plan entitled, “Connec+ing MKE: Downtown Plan 2040."

The Department of City Development has released a draft of its Connec+ing MKE plan for Downtown and it includes some ambitious ideas.

New downtown plan calls for streetcar expansion, protected bike network, rethinking 794 and improved public spaces.