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The GST rate was increased from 3% to 4% on 1 January 2003, and to 5% on 1 January 2004. Each increase was accompanied by an offset package that was designed to make the average Singaporean household overall better off, even after accounting for the additional costs imposed by the increase in GST rates.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The Golden Mile Complex is a commercial and residential development, providing offices, shopping, entertainment services and apartment living within its podium and stepped terrace structure, resulting in a modern architectural style known as Brutalism. [12] It housed 360 shops, 200 offices and 72 residential apartments when completed in 1973. [5]
A view of South Beach from Nicoll Highway, Singapore. 1°17′42″N 103°51′22″E / 1.29500°N 103.85611°E / 1.29500; 103.85611 South Beach is a commercial and residential complex located on Beach Road in the Downtown Core of Singapore
The Interlace's site formerly housed the 607 units Gillman Heights Condominium, which is 50 percent owned by the National University of Singapore (NUS). [5] The property was subsequently sold to CapitaLand through a collective sale but the sale was controversial as NUS held a 16 percent stake in Ankerite, a private fund that was a subsidiary of CapitaLand.
The majority of CDL's hotels are operated under the Millennium & Copthorne Hotels brand, which spans many countries around the world. [91] Other hotels owned by CDL include The St. Regis Singapore, [92] W Singapore Sentosa Cove, [93] JW Marriott hotel in South Beach [94] and Millennium Hilton Bangkok in Thailand. [95]
For the 12th consecutive quarter, Best Buy posted negative same-store sales growth. Net sales and earnings per share also missed estimates.
The structure of The Sail is 245 m (804 ft) with 70 storeys and is one of Singapore's tallest condominia/apartment buildings. This development offers panoramic city view of Marina Bay and the sea. It is close to some of Singapore's famous landmarks such as Suntec City, Marina Bay Sands, Esplanade, Telok Ayer Market and the Singapore River.
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