What is Stamp Duty? Before we delve into the specifics of buyer stamp duty and additional buyer stamp duty in Singapore, it’s crucial to grasp the basic concept of Stamp Duty. Stamp Duty is a tax imposed on documents linked to the acquisition or leasing of...
By now, you should have heard about the cooling measures announced close to midnight yesterday, a move to prevent any rush of option issuance at the eleventh hour. The first time we witnessed a release at this timing! How this is going to impact you? We did a very...
There has been a lot of discussion going around cooling measures in the Singapore property market and therefore we thought about adding our point of view to the discussions.Before we begin our discussion on cooling measures there are three important questions that we...
On 19 Feb 2018, the ministry of finance announced the increment of buyer stamp duty by 1% for residential property exceeding S$1,000,000 in value. Here are the changes: Before 20th Feb Buyer Stamp Duty (Old Rate) After 20th Feb Buyer Stamp Duty (New Rate) First...
Cooling measures (ABSD, TDSR & LTV) are here to stay for now, and decoupling is one of the methods for couples (or multiple owners) to reduce ABSD payable when buying their 2nd property. By decoupling, one party will take over the full ownership of the existing...
