
A Simple Guide to Decoupling Property in Singapore: Legal Ways to Avoid ABSD
Buying a second property may be a dream come true to many but, in Singapore, it also means having to pay the hefty Additional Buyer’s Stamp Duty (ABSD). The ABSD for Singapore Citizens (SCs) buying a second property is 20% of the purchase price, or the current market value of the property, whichever is higher. It is 30% for Singapore P...