ABSD rates
44 projects granted ABSD remission extension, says Wong
The figure represents 12% of projects with a sales deadline within 2021-2023.
44 projects granted ABSD remission extension, says Wong
The figure represents 12% of projects with a sales deadline within 2021-2023.
Structural nuances determine stamp duty for fractional property investments: MOF
Buyers directly acquiring residential properties usually have to pay up to 6% stamp duty.
Singapore’s real estate market adapts to increased ABSD rates
Savills’ Alan Cheong offers insights on attracting foreign buyers and navigating challenges.
Mainland Chinese buyers to be most affected by the ABSD rate hike: report
In Q123, buyers from China purchased 316 non-landed homes.
Expert warns of higher cost of doing business in Singapore because of ABSD rate hike
Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%.
Singapore highest globally for total stamp duty on foreigners
The market recently put a 100% increase in the ABSD rate for foreigners.
The Impact of the ABSD rate hike and property buyer tax on real estate investments
The Additional Buyer’s Stamp Duty (ABSD) is a property buyer tax in Singapore that was introduced in 2011. It is a tax that is imposed on top of the existing Buyer’s Stamp Duty (BSD) and is meant to deter foreigners and property investors from driving up the property market prices. Recently, the ABSD rates have been increased to cool down the property market. This article discusses the impact of the ABSD and property buyer tax on real estate investments in Singapore.
Prices and demand for shophouses to pick up in the coming months
The ABSD rate hike will help drive demand in the market.
Blossoms by the Park sells close to 75% of units during launch
Of its buyers, three were foreigners.
En-bloc market to collapse following ABSD rate hike: analyst
Singapore increased the ABSD for all residential statuses by 3% to 30%.
ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%.
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.