Property Prices Under Pressure as Singapore Increases Stamp Duty for Buyers
Singapore – The Singapore government announced a fresh round of property cooling measures on April 26, 2023, to “promote a sustainable property market” amid rising prices and low-interest rates. Higher ABSD Rates for all Buyers The Additional Buyer’s Stamp Duty (ABSD) rate for foreigners buying any residential property was raised from 30% to 60%…
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