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Increases to the Additional Buyer’s Stamp Duty aren’t ideal for Singapore’s short-term foreign investment flows, but inaction would destroy its financial system, writes Tien Foo Sing (NUS).

National university of singaporeSingapore generalSentosa islandEdgar suHousing development boardTien foo singNational universityDevelopment boardRuvyn tngAdditional buyerStamp dutyBenchmark private residential property price indexCooling measuresDual market structureForeign investmentHousing amp development board