Linked outcomes

Event

Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property

Announced 14 February 2023 · Effective 15 February 2023 · Tax policy

Comparison anchored to effective date: 15 February 2023.

Before and after figures are the 365-day windows of the before and after view, not each outcome record's own window. A link here is an association the archive records; it is not a finding that the event produced the outcome.

In brief

3 outcome records are linked to this event: 0 with computable series, 0 citing a series whose aggregation type is unresolved, 0 observed without a series, and 3 unresolved.
3 of 3 outcome records name no source, and none has a source document attached.
2 further series are observed around this event through its category mapping, not through an outcome record.

Linked outcomes (3)

Directly referenced: an outcome record on this event. Listed computable first, then not computable, then observed in words, then unresolved; not ranked.

Outcome record 1

Price bunching at the new band boundaries

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state: Registered before it could be observed
Value basis: Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window: 15 February 2023 to 26 April 2023, then 2023 to 2024 · calendar · anchored to the effective date
Temporal relationship: Window recorded as "15 February 2023 to 26 April 2023, then 2023 to 2024" (calendar), anchored to the effective date 15 February 2023. No dated window is stored and the label gives no dates, so it is not placed.

Source document not attachedEvidence incomplete

Gap: Evidence record exists, but no source is named on it.

Why is this linked?

Policy event
Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property
Announced 14 February 2023, effective 15 February 2023
Outcome record
Outcome record 1: Price bunching at the new band boundaries
Calendar window "15 February 2023 to 26 April 2023, then 2023 to 2024", anchored to the effective date
Source
No source named

Record identifiers

event evt_sg_2023_bsd_feb · outcome 13fb9237-bee3-4969-ab0d-c1b392f07638

Outcome record 2

Residential purchases above S$3 million

Unresolved

Registered before it could be observed: no observation is recorded.

Observation state: Registered before it could be observed
Value basis: Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window: 15 February 2023 to 26 April 2023 · calendar · anchored to the effective date
Temporal relationship: Begins on or after the event. Window "15 February 2023 to 26 April 2023" read as 15 February 2023 to 26 April 2023, against the effective date 15 February 2023. No dated window is stored; the dates are read from the label.

Source document not attachedEvidence incomplete

Gap: Evidence record exists, but no source is named on it.

Why is this linked?

Policy event
Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property
Announced 14 February 2023, effective 15 February 2023
Outcome record
Outcome record 2: Residential purchases above S$3 million
Calendar window "15 February 2023 to 26 April 2023", anchored to the effective date
Source
No source named

Record identifiers

event evt_sg_2023_bsd_feb · outcome 55871c2d-5d70-445e-bf30-a7c34353046b

Outcome record 3

Buyer's Stamp Duty collected in the new top bands

Unresolved

Data unavailable: no observation is recorded.

Observation state: Data unavailable
Value basis: Not derived: no value recorded yet · Not derived · origin: Unresolved
Outcome window: Financial years 2023 and 2024 · calendar · anchored to the effective date
Temporal relationship: Window recorded as "Financial years 2023 and 2024" (calendar), anchored to the effective date 15 February 2023. No dated window is stored and the label gives no dates, so it is not placed.

Source document not attachedEvidence incomplete

Gap: Evidence record exists, but no source is named on it.

Why is this linked?

Policy event
Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property
Announced 14 February 2023, effective 15 February 2023
Outcome record
Outcome record 3: Buyer's Stamp Duty collected in the new top bands
Calendar window "Financial years 2023 and 2024", anchored to the effective date
Source
No source named

Record identifiers

event evt_sg_2023_bsd_feb · outcome 2a05ddb3-4189-46ec-a8c3-46ca56b53a32

Associated indicators (2)

Observed around the selected event: a series mapped to this kind of event, cited by no outcome record.

Private Residential Property Price Index, All Residential

Observed

Observed around the event; no outcome record cites this series.

Temporal relationship: Before: Q2 2022, Q3 2022, Q4 2022, observed before the event. After: Q2 2023, Q3 2023, Q4 2023, beginning on or after the event. A period that spans 15 February 2023 counts on neither side.

Private Residential Property Price Index, All Residential

INDEX · Computable

365 days before

188.6

Q2 2022, Q3 2022, Q4 2022 · 275/365 days

365 days after

201.5

Q2 2023, Q3 2023, Q4 2023 · 275/365 days

Observed change

+12.9

+6.8%

Qualified: whole periods cover 275/365 days before and 275/365 days after. Days outside a whole period are not counted and are not treated as zero.

Primary source cited: Urban Redevelopment Authority

Why is this linked?

Policy event
Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property
Announced 14 February 2023, effective 15 February 2023
Category mapping
Series mapped to tax policy events
No outcome record cites it
Metric
Private Residential Property Price Index, All Residential
Series type: INDEX
Observed series
Observed series, value in the latest whole quarterly period inside each 365-day window
Before: Q2 2022, Q3 2022, Q4 2022. After: Q2 2023, Q3 2023, Q4 2023.
Source
Urban Redevelopment Authority
Primary source

Record identifiers

event evt_sg_2023_bsd_feb · metrics 7cbef7bc-b216-48c3-851c-91b71553b792

Singapore private residential transactions, all types of sale

Observed

Observed around the event; no outcome record cites this series.

Temporal relationship: Before: Q2 2022, Q3 2022, Q4 2022, observed before the event. After: Q2 2023, Q3 2023, Q4 2023, beginning on or after the event. A period that spans 15 February 2023 counts on neither side.

Singapore private residential transactions, all types of sale

FLOW · Computable

365 days before

16,547

Q2 2022, Q3 2022, Q4 2022 · 275/365 days

365 days after

14,923

Q2 2023, Q3 2023, Q4 2023 · 275/365 days

Observed change

-1,624

-9.8%

Qualified: whole periods cover 275/365 days before and 275/365 days after. Days outside a whole period are not counted and are not treated as zero.

Primary source cited: Urban Redevelopment Authority

Why is this linked?

Policy event
Singapore raises the top marginal Buyer's Stamp Duty rates to 6% for residential and 5% for non-residential property
Announced 14 February 2023, effective 15 February 2023
Category mapping
Series mapped to tax policy events
No outcome record cites it
Metric
Singapore private residential transactions, all types of sale
Series type: FLOW
Observed series
Observed series, total over whole quarterly periods inside each 365-day window
Before: Q2 2022, Q3 2022, Q4 2022. After: Q2 2023, Q3 2023, Q4 2023.
Source
Urban Redevelopment Authority
Primary source

Record identifiers

event evt_sg_2023_bsd_feb · metrics 56dfd10a-d6b9-41a7-b183-7d2b09301f89

Related policy events

This event has as its direct predecessor Singapore raises the top residential buyer's stamp duty rate to 4% on value above S$1 million.