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Additional buyer’s stamp duty and impact on Singapore's property market | Video

03:39 Min

The additional buyer’s stamp duty (ABSD) of 35 per cent will apply on any transfer of residential property into a living trust. Analysts however consider it a wealth tax of sorts. Heidi Ng reports.

The additional buyer’s stamp duty (ABSD) of 35 per cent will apply on any transfer of residential property into a living trust. Analysts however consider it a wealth tax of sorts. Heidi Ng reports.

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