Singapore announces new property cooling measures – foreign buyer stamp duty doubled

News

Singapore is addressing surging house prices with a third round of measures since December 2021.

Newly announced:

  • Foreigners buying any residential property in Singapore from today, 27 April 2023, will have to pay an additional buyer’s stamp duty (ABSD) of 60 per cent after it was doubled from 30 per cent.
  • Singaporeans buying their second residential property will pay an ABSD rate of 20 per cent, up from 17 per cent
  • those buying their third and subsequent residential property will have to pay an increased rate of 30 per cent, up from 25 per cent

And, there are more, link here if you are interested.

Are you even listening Australia, Canada, New Zealand … amongst others?

aud

Articles You May Like

Turn ₹2000 into ₹65,000 Trading Forex Strategy | How to make $1 Million #trading #forex #crypto
4 Best ICT Trading Strategy Explained!
NEW Insane TradingView Indicator – 100% Accurate!
a simple way to win 99% of forex trades
Robot automatic trading system for boom and crash

Leave a Reply

Your email address will not be published. Required fields are marked *