Editors' Pick Additional Buyer’s Stamp Duty (ABSD): A Comprehensive Guide

  • June 24, 2020
  • 13 min read
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Reuben

Reuben is a digital nomad gone rogue. An avid traveler, photographer and public speaker, he now resides in Singapore where he has since found a new passion in generating creative and enriching content for Stacked. Outside of work, you’ll find him either relaxing in nature or retreated to his cozy man-cave in quiet contemplation.

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oscar
oscar

ABSD has its uses – and it’s definitely not possible to avoid it for most people which is why it’s still so effective till today.

Siu Jiun
Siu Jiun

Not sure if this was asked before. Scenario, mum owns 3 properties and son none. Mum wants to get a fourth private property with son( his first property ) under tenancy in common. Mum holds 1% and Son holds 99%. What would be the ABSD on mum and son for this property?

Stacked Homes
Stacked Homes

Hi! When it comes to ABSD, it’ll be the full amount. Since mum owns 3 properties, the ABSD will be 25% of the full property value/price, whichever is higher, assuming she is a Singapore Citizen.

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