In April 2023, Singapore dropped a bombshell on the global property market: a 60% tax for foreign buyers. The move was designed to cool a red-hot market and prioritize housing for locals, but has it come at a cost?

Join us as we dissect the fallout from one of the world's most aggressive property cooling measures. We'll look at the data showing an immediate plunge in foreign investment and a 59% drop in luxury home sales in the central core. Is this a win for housing affordability or a self-inflicted wound to Singapore's status as a premier investment hub?

We'll uncover the unintended consequences, including a "loophole" in free trade agreements that has seen U.S. buyers replace the Chinese as the top foreign cohort, creating a new, preferential system. We also explore the potential chill on connected industries—from construction to banking—and ask what this means for the future of Singapore's economy. This is the story of a high-stakes policy gamble, and the verdict is still out.