Condominium Singapore 

Can I Buy ABSD Bank Loan

 

Enquiry Hotline : +65 97738372

ADDITIONAL BUYER STAMP DUTY

(ABSD)

额外买方印花税

On / After 06 July 2018

SINGAPORE CITIZEN

SINGAPORE PERMANENT RESIDENTS

FOREIGNERS

 

新加坡公民

新加坡永久居民

外国人

 1st Property

No ABSD

5% ABSD

20% ABSD

 2nd Property

12% ABSD

15% ABSD

20% ABSD

 3rd Property

15% ABSD

15% ABSD

20% ABSD

ABSD Is to be paid in addition to the normal BSD



CALCULATION OF STAMP DUTY FOR SINGAPORE CITIZEN (SC)

1st Property

Purchase Price = $1,000,000

Normal Buyer Stamp Duty = $24,600

ABSD – Not Applicable

Total Stamp Duty = $24,600

2nd Property

Purchase Price = $1,000,000

Normal Buyer Stamp Duty = $24,600

ABSD @ 12% = $120,000

Total Stamp Duty = $144,600


CALCULATION OF STAMP DUTY FOR 

SINGAPORE PERMANENT RESIDENT (SPR)

1st Property

Purchase Price = $1,000,000

Normal Buyer Stamp Duty = $24,600

ABSD @ 5% = $50,000

Total Stamp Duty = $74,600

2nd Property

Purchase Price = $1,000,000

Normal Buyer Stamp Duty = $24,600

ABSD @ 15% = $150,000

Total Stamp Duty = $174,600


REFUND OF ABSD

(退还额外买方印花税)

Refund of ABSD is allowed when a married couple with a SC spouse co-purchase a second property and sell their first property within 6 months of the date of the purchase / TOP / CSC, whichever is applicable



REMISSION OF ABSD

(豁免额外买方印花税)

A remission of ABSD is allowed in the situation where it is a first property purchase by a married couple with one SC spouse

- SC + SPR married couple purchasing a first property together

- SC + FR married couple purchasing a first property together

No ABSD is payable in the above scenarios


How To Avoid ABSD

Decoupling

Buying through a trust


How To Lower ABSD

Fractional Purchase


We are Developer's Sale Team

No Commission Required

我们是开发商的销售团队

免佣金

Freehold


陈 成 稳

Eric Tan

R029858E

Contact No.

97881579


黄 美 娟

Cindy Ng

R057104D

Contact No.

97738372


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