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{{Probability distribution
| name      =Log-Cauchy
| type      =density
| box_width  =300px
| pdf_image  = [[File:Logcauchypdf.svg|275px|Log-Cauchy density function for values of <math>(\mu, \sigma)</math>]]
| cdf_image  = [[File:Logcauchycdf.svg|275px|Log-Cauchy cumulative distribution function for values of <math>(\mu, \sigma)</math>]]
| parameters =<math>\mu</math> ([[real number|real]])<br><math>\displaystyle \sigma > 0\!</math> (real)
| support    =<math>\displaystyle x \in (0, +\infty)\!</math>
| pdf        =<math>{ 1 \over x\pi } \left[ { \sigma \over (\ln x - \mu)^2 + \sigma^2  } \right], \ \ x>0</math>
| cdf        =<math>\frac{1}{\pi} \arctan\left(\frac{\ln x-\mu}{\sigma}\right)+\frac{1}{2}, \ \ x>0</math>
| qf        =
| qdf        =
| mean      =does not exist
| median    =<math>e^{\mu}\,</math>
| mode      =
| variance  =infinite
| skewness  =does not exist
| kurtosis  =does not exist
| entropy    =
| mgf        =does not exist
| char      =
}}


In probability theory, a '''log-Cauchy distribution''' is a [[probability distribution]] of a [[random variable]] whose [[logarithm]] is  distributed in accordance with a [[Cauchy distribution]]. If ''X'' is a random variable with a Cauchy distribution, then ''Y'' = exp(''X'') has a log-Cauchy distribution; likewise, if ''Y'' has a log-Cauchy distribution, then ''X''&nbsp;=&nbsp;log(''Y'') has a Cauchy distribution.<ref name=robust/>


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==Characterization==
 
===Probability density function===
The log-Cauchy distribution has the [[probability density function]]:
:<math>\begin{align}
f(x; \mu,\sigma)
& = \frac{1}{x\pi\sigma \left[1 + \left(\frac{\ln x - \mu}{\sigma}\right)^2\right]}, \ \ x>0 \\
& = { 1 \over x\pi } \left[ { \sigma \over (\ln x - \mu)^2 + \sigma^2  } \right], \ \ x>0
\end{align}</math>
 
where <math> \mu</math> is a [[real number]] and <math> \sigma >0</math>.<ref name=robust>{{cite web|title=Applied Robust Statistics|url=http://www.math.siu.edu/olive/run.pdf|author=Olive, D.J.|date=June 23, 2008|publisher=Southern Illinois University|page=86|accessdate=2011-10-18}}</ref><ref name=stochastic>{{cite book|title=Statistical analysis of stochastic processes in time|author=Lindsey, J.K.|pages=33, 50, 56, 62, 145|year=2004|publisher=Cambridge University Press|isbn=978-0-521-83741-5}}</ref>  If <math>\sigma</math> is known, the [[scale parameter]] is <math>e^{\mu}</math>.<ref name=robust/> <math> \mu</math> and <math> \sigma</math> correspond to the [[location parameter]] and [[scale parameter]] of the associated Cauchy distribution.<ref name=robust/><ref name=hiv>{{cite book|title=Stochastic processes in epidemiology: HIV/AIDS, other infectious diseases|author=Mode, C.J. & Sleeman, C.K.|pages=29–37|year=2000|publisher=World Scientific|isbn=978-981-02-4097-4}}</ref> Some authors define <math> \mu</math> and <math> \sigma</math> as the [[location parameter|location]] and scale parameters, respectively, of the log-Cauchy distribution.<ref name=hiv/>
 
For <math>\mu = 0</math> and <math>\sigma =1</math>, corresponding to a standard Cauchy distribution, the probability density function reduces to:<ref name=life/>
 
:<math> f(x; 0,1) = \frac{1}{x\pi (1 + (\ln x)^2)}, \ \ x>0</math>
 
===Cumulative distribution function===
The cumulative distribution function ([[cdf]]) when <math>\mu = 0</math> and <math>\sigma =1</math> is:<ref name=life/>
:<math>F(x; 0, 1)=\frac{1}{2} + \frac{1}{\pi} \arctan(\ln x), \ \ x>0</math>
 
===Survival function===
The [[survival function]] when <math>\mu = 0</math> and <math>\sigma =1</math> is:<ref name=life/>
:<math>S(x; 0, 1)=\frac{1}{2} - \frac{1}{\pi} \arctan(\ln x), \ \ x>0</math>
 
===Hazard rate===
The [[hazard rate]] when <math>\mu = 0</math> and <math>\sigma =1</math> is:<ref name=life/>
:<math> \lambda(x; 0,1) = \left(\frac{1}{x\pi \left(1 + \left(\ln x\right)^2\right)} \left(\frac{1}{2} - \frac{1}{\pi} \arctan(\ln x)\right)\right)^{-1}, \ \ x>0</math>
 
The hazard rate decreases at the beginning and at the end of the distribution, but there may be an interval over which the hazard rate increases.<ref name=life/>
 
==Properties==
 
The log-Cauchy distribution is an example of a [[heavy-tailed distribution]].<ref name=small>{{cite book|title=Laws of Small Numbers: Extremes and Rare Events|author=Falk, M., Hüsler, J. & Reiss, R.|page=80|year=2010|publisher=Springer|isbn=978-3-0348-0008-2}}</ref> Some authors regard it as a "super-heavy tailed" distribution, because it has a heavier tail than a [[Pareto distribution]]-type heavy tail, i.e., it has a [[logarithmic growth|logarithmically decaying]] tail.<ref name=small/><ref>{{cite web|title=Statistical inference for heavy and super-heavy tailed distributions|url=http://docentes.deio.fc.ul.pt/fragaalves/SuperHeavy.pdf|author=Alves, M.I.F., de Haan, L. & Neves, C.|date=
March 10, 2006}}</ref>  As with the Cauchy distribution, none of the non-trivial [[moment (mathematics)|moments]] of the log-Cauchy distribution are finite.<ref name=life>{{cite book|title=Life distributions: structure of nonparametric, semiparametric, and parametric families|author=Marshall, A.W. & Olkin, I.|pages=443–444|year=2007|publisher=Springer|isbn=978-0-387-20333-1}}</ref> The [[mean]] is a moment so the log-Cauchy distribution does not have a defined mean or [[standard deviation]].<ref>{{cite web|title=Moment|url=http://mathworld.wolfram.com/Moment.html|publisher=[[Mathworld]]|accessdate=2011-10-19}}</ref><ref>{{cite web|title=
Trade, Human Capital and Technology Spillovers: An Industry Level Analysis|author=Wang, Y.|page=14|publisher=Carleton University|accessdate=2011-10-19}}</ref>
 
The log-Cauchy distribution is [[Infinite divisibility (probability)|infinitely divisible]] for some parameters but not for others.<ref>{{cite journal|title=On the Lévy Measure of the Lognormal and LogCauchy Distributions|url=http://resources.metapress.com/pdf-preview.axd?code=gn16hw202rxh4q1g&size=largest|accessdate=2011-10-18|author=Bondesson, L.|journal=Methodology and Computing in Applied Probability|year=2003|pages=243–256|publisher=Kluwer Academic Publications}}</ref> Like the [[lognormal distribution]], [[log-t distribution|log-t or log-Student distribution]] and [[Weibull distribution]], the log-Cauchy distribution is a special case of the [[generalized beta distribution of the second kind]].<ref>{{cite book|title=Return distributions in finance|author=Knight, J. & Satchell, S.|page=153|year=2001|publisher=Butterworth-Heinemann|isbn=978-0-7506-4751-9}}</ref><ref>{{cite book|title=Market consistency: model calibration in imperfect markets|author=Kemp, M.|page=|year=2009|publisher=Wiley|isbn=978-0-470-77088-7}}</ref> The log-Cauchy is actually a special case of the log-t distribution, similar to the Cauchy distribution being a special case of the [[Student's t distribution]] with 1 degree of freedom.<ref>{{cite book|title=Statistical distributions in scientific work: proceedings of the NATO Advanced Study Institute|author=MacDonald, J.B.|chapter=Measuring Income Inequality|page=169|editor=Taillie, C., Patil, G.P. & Baldessari, B.|year=1981|publisher=Springer|isbn=978-90-277-1334-6}}</ref><ref name=kleiber>{{cite book|title=Statistical Size Distributions in Economics and Actuarial Science|author=Kleiber, C. & Kotz, S.|pages=101–102, 110|year=2003|publisher=Wiley|isbn=978-0-471-15064-0}}</ref>
 
Since the Cauchy distribution is a [[stable distribution]], the log-Cauchy distribution is a logstable distribution.<ref>{{cite journal|title=Distribution function values for logstable distributions|url=http://www.sciencedirect.com/science/article/pii/089812219390128I|doi=10.1016/0898-1221(93)90128-I|author=Panton, D.B.|accessdate=2011-10-18|date=May 1993|pages=17–24|volume=25|issue=9|journal=Computers & Mathematics with Applications}}</ref>  Logstable distributions have [[pole (complex analysis)|poles]] at x=0.<ref name=kleiber/>
 
==Estimating parameters==
The [[median]] of the [[natural logarithm]]s of a [[sample (statistics)|sample]] is a [[robust estimator]] of <math> \mu</math>.<ref name=robust/>  The [[median absolute deviation]] of the natural logarithms of a sample is a robust estimator of <math>\sigma</math>.<ref name=robust/>
 
==Uses==
In [[Bayesian statistics]], the log-Cauchy distribution can be used to approximate the [[improper prior|improper]] [[Harold Jeffreys|Jeffreys]]-Haldane density, 1/k, which is sometimes suggested as the [[prior distribution]] for k where k is a positive parameter being estimated.<ref>{{cite book|title=Good thinking: the foundations of probability and its applications|author=Good, I.J.|page=102|year=1983|publisher=University of Minnesota Press|isbn=978-0-8166-1142-3}}</ref><ref>{{cite book|title=Frontiers of Statistical Decision Making and Bayesian Analysis|page=12|author=Chen, M.|year=2010|publisher=Springer|isbn=978-1-4419-6943-9}}</ref>  The log-Cauchy distribution can be used to model certain survival processes where significant [[outlier]]s or extreme results may occur.<ref name=stochastic/><ref name=hiv/><ref>{{cite journal|title=Some statistical issues in modelling pharmacokinetic data|author=Lindsey, J.K., Jones, B. & Jarvis, P.|url=http://onlinelibrary.wiley.com/doi/10.1002/sim.742/abstract|doi = 10.1002/sim.742|journal=Statistics in Medicine|date=September 2001|volume=20|issue=17-18|pages=2775–278|accessdate=2011-10-19|doi=10.1002/sim.742}}</ref>  An example of a process where a log-Cauchy distribution may be an appropriate model is the time between someone becoming infected with [[HIV virus]] and showing symptoms of the disease, which may be very long for some people.<ref name=hiv/> It has also been proposed as a model for species abundance patterns.<ref>{{cite journal|title=LogCauchy, log-sech and lognormal distributions of species abundances in forest communities|url=http://www.sciencedirect.com/science/article/pii/S0304380004005587|author=Zuo-Yun, Y. et al|journal=Ecological Modelling|volume=184|issue=2-4|doi=10.1016/j.ecolmodel.2004.10.011|date=June 2005|accessdate=2011-10-18|pages=329–340}}</ref>
 
==References==
{{reflist|colwidth=33em}}
 
{{ProbDistributions|continuous-semi-infinite}}
 
[[Category:Continuous distributions]]
[[Category:Probability distributions with non-finite variance]]
[[Category:Probability distributions]]

Revision as of 06:43, 3 May 2013

Template:Probability distribution

In probability theory, a log-Cauchy distribution is a probability distribution of a random variable whose logarithm is distributed in accordance with a Cauchy distribution. If X is a random variable with a Cauchy distribution, then Y = exp(X) has a log-Cauchy distribution; likewise, if Y has a log-Cauchy distribution, then X = log(Y) has a Cauchy distribution.[1]

Characterization

Probability density function

The log-Cauchy distribution has the probability density function:

f(x;μ,σ)=1xπσ[1+(lnxμσ)2],x>0=1xπ[σ(lnxμ)2+σ2],x>0

where μ is a real number and σ>0.[1][2] If σ is known, the scale parameter is eμ.[1] μ and σ correspond to the location parameter and scale parameter of the associated Cauchy distribution.[1][3] Some authors define μ and σ as the location and scale parameters, respectively, of the log-Cauchy distribution.[3]

For μ=0 and σ=1, corresponding to a standard Cauchy distribution, the probability density function reduces to:[4]

f(x;0,1)=1xπ(1+(lnx)2),x>0

Cumulative distribution function

The cumulative distribution function (cdf) when μ=0 and σ=1 is:[4]

F(x;0,1)=12+1πarctan(lnx),x>0

Survival function

The survival function when μ=0 and σ=1 is:[4]

S(x;0,1)=121πarctan(lnx),x>0

Hazard rate

The hazard rate when μ=0 and σ=1 is:[4]

λ(x;0,1)=(1xπ(1+(lnx)2)(121πarctan(lnx)))1,x>0

The hazard rate decreases at the beginning and at the end of the distribution, but there may be an interval over which the hazard rate increases.[4]

Properties

The log-Cauchy distribution is an example of a heavy-tailed distribution.[5] Some authors regard it as a "super-heavy tailed" distribution, because it has a heavier tail than a Pareto distribution-type heavy tail, i.e., it has a logarithmically decaying tail.[5][6] As with the Cauchy distribution, none of the non-trivial moments of the log-Cauchy distribution are finite.[4] The mean is a moment so the log-Cauchy distribution does not have a defined mean or standard deviation.[7][8]

The log-Cauchy distribution is infinitely divisible for some parameters but not for others.[9] Like the lognormal distribution, log-t or log-Student distribution and Weibull distribution, the log-Cauchy distribution is a special case of the generalized beta distribution of the second kind.[10][11] The log-Cauchy is actually a special case of the log-t distribution, similar to the Cauchy distribution being a special case of the Student's t distribution with 1 degree of freedom.[12][13]

Since the Cauchy distribution is a stable distribution, the log-Cauchy distribution is a logstable distribution.[14] Logstable distributions have poles at x=0.[13]

Estimating parameters

The median of the natural logarithms of a sample is a robust estimator of μ.[1] The median absolute deviation of the natural logarithms of a sample is a robust estimator of σ.[1]

Uses

In Bayesian statistics, the log-Cauchy distribution can be used to approximate the improper Jeffreys-Haldane density, 1/k, which is sometimes suggested as the prior distribution for k where k is a positive parameter being estimated.[15][16] The log-Cauchy distribution can be used to model certain survival processes where significant outliers or extreme results may occur.[2][3][17] An example of a process where a log-Cauchy distribution may be an appropriate model is the time between someone becoming infected with HIV virus and showing symptoms of the disease, which may be very long for some people.[3] It has also been proposed as a model for species abundance patterns.[18]

References

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    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  15. 20 year-old Real Estate Agent Rusty from Saint-Paul, has hobbies and interests which includes monopoly, property developers in singapore and poker. Will soon undertake a contiki trip that may include going to the Lower Valley of the Omo.

    My blog: http://www.primaboinca.com/view_profile.php?userid=5889534
  16. 20 year-old Real Estate Agent Rusty from Saint-Paul, has hobbies and interests which includes monopoly, property developers in singapore and poker. Will soon undertake a contiki trip that may include going to the Lower Valley of the Omo.

    My blog: http://www.primaboinca.com/view_profile.php?userid=5889534
  17. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  18. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang