New ABSD rule on trusts plugs a gap, but won’t affect broader property market: Experts
SINGAPORE: New rules imposing an Additional Buyer’s Stamp Duty (ABSD) on residential properties transferred into a living trust will close a loophole in the existing system, said experts. But they will have a limited impact on the broader property market, as the changes will likely only affect a small minority of well-heeled buyers purchasing property via […]