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A Comprehensive Guide to ABSD in Singapore for 2023 (Latest Update on 27April23)

When you purchase a property in Singapore, you are required to pay BSD (Buyer Stamp Duty). Along with this, you have to pay another stamp duty known as ABSD (Additional Buyer’s Stamp Duty) depending on the criteria, including the number of properties you own, and your residency status. In December 2021, the government has revised the ABSD rates. In addition, on May 9, 2022, the Ministry of Finance has...

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