Additional Buyer’s Stamp Duty 2024, 2014-04-08
Additional Buyer's Stamp Duty (ABSD) is a tax imposed in Singapore on residential property purchases. Introduced in 2011 and revised several times, it requires certain buyers to pay an extra tax on top of the standard Buyer's Stamp Duty. ABSD rates vary based on the buyer's residency status and the number of properties owned. Singapore citizens buying their first property are exempt, while foreign buyers face the highest rates. This policy aims to cool the property market and ensure housing remains affordable for Singaporeans.
Understanding TDSR: A Key Factor in Your Singapore Home Loan Journey, 2014-04-08
In the realm of Singapore real estate, securing a home loan is a crucial step towards owning your dream property. However, navigating the complexities of home loan applications can be daunting, especially when encountering terms like TDSR.