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16-09-2015, 08:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.
http://www.straitstimes.com/opinion/...ooling-measure (http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?216414-Time-is-hot-to-remove-one-cooling-measure&goto=newpost).
Under the ABSD (Additional Buyer's Stamp Duty), foreign buyers of residential properties pay a levy of 15 per cent and Singaporeans buying a second property pay 7 per cent. As the property market stabilises, there are three reasons why it is safe to remove the ABSD now.
http://www.straitstimes.com/opinion/...ooling-measure (http://www.straitstimes.com/opinion/time-is-hot-to-remove-one-cooling-measure)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?216414-Time-is-hot-to-remove-one-cooling-measure&goto=newpost).