Blogs
The Singapore Government has recently revised the Additional Buyer Stamp Duty rates as of April 27, 2023. Due to these changes, all property buyers who are acquiring residential units will now be subject to increased ABSD applied to either the purchase price or market value, depending on which is the
Understanding ABSD in Singapore: A Guide for Property Buyers
Singapore has one of the most robust real estate markets in the world. The government has put in place several measures to ensure that property prices remain stable and affordable for citizens. One such measure is the Additional Buyer’s Stamp Duty (ABSD), which was introduced in 2011 to cool down
Decoupling – A Way To Minimize Or Avoid ABSD When Purchasing A Second Home
Buying a second property in Singapore can be an attractive way to increase your real estate portfolio, but it does come with some challenges. Purchasing a second property comes with higher taxes and additional costs, such as the Additional Buyer Stamp Duty (ABSD). These extra costs can make it harder
How Do You Minimize or Avoid ABSD? Make The Most Of Your Finances
ABSD or Additional Buyer’s Stamp Duty is a tax imposed on Singapore property buyers to cool the real estate market. It can add up to thousands of dollars in additional costs for those who buy residential properties and this has caused many potential homeowners to think twice before taking the
How to Own 2 Properties in Singapore Without Incurring ABSD?
When purchasing a property in Singapore, couples usually have an advantage over singles because they have the potential to own two properties by sharing the cost of ownership for two properties. Usually, couples would start off with purchasing a HDB flat together, be it a Build-To-Order (BTO) or a resale