A Stacked Homes opinion article published on 12 October 2026 took up an idea floated by some Members of Parliament: taxing people who own several properties. The publication's deputy editor did not wave away the concern behind it, but argued that such a levy could shift incentives without placing suitable homes in the hands of the households searching for them. Three common assumptions about the proposal are set against the points the article lays out.
Fact, as Stacked Homes describes it: during the "sell one, buy two" period, many owners kept a larger unit as the family residence and picked up one- and two-bedders to lease out. If a tax pushed those investors to sell, the units released would mostly be small ones. Most condo buyers, the article observes, are HDB upgraders hunting for family-sized space, so the stock likeliest to return is a poor match for that group.
Fact: roughly 80% of Singaporeans live in HDB flats, and nobody may hold more than one HDB flat at a time. Private homes account for about 20% of homeowners. Ownership of several homes is therefore concentrated in a narrow slice of the market, and buyers who entered later already work under Additional Buyer's Stamp Duty and debt-servicing limits that earlier purchasers never faced.
Fact: the deputy editor floats other ideas, offered as suggestions in an opinion piece rather than as policy. One would let owners keep their HDB flat if they buy a private home after completing the five-year Minimum Occupation Period, though not in the reverse order.
Another would trim the loan quantum on second and later properties even when no loan is outstanding. The writer also contends that a levy aimed at property alone, sparing shares and businesses, would mainly alter where wealth is parked rather than narrow inequality.
The same article carried a weekly count from Stacked Homes: 538 private homes changed hands from 28 September to 4 October 2026, of which 132 were resales, 401 were new sales and 5 were sub-sales.
Bedok Rise Residences Condo @ Tanah Merah (Updated 2026) follows a pre-launch condominium on a Government Land Sales parcel at Bedok Rise, off New Upper Changi Road, in District 16. The 99-year leasehold site lies about 110 m from Tanah Merah MRT (EW4), and the location page maps its surroundings. URA launched the tender on 18 September 2025 and awarded the site on 2 December 2025, with Bellis Residential Pte. Ltd. as developer. Around 380 homes are planned under the working name, and the official name, unit mix and floor plans will be published as the developer releases them.
Readers who would like the brochure and floor plans as they are issued can leave their details with the Sales Concierge.
Source: Stacked Homes, opinion article by its deputy editor, 12 October 2026.
General information only, not financial or legal advice.
Source: Stacked Homes. This article is independent commentary; Bedok Rise Residences Condo @ Tanah Merah (Updated 2026) is not affiliated with the parties mentioned.
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