9 ways to save ABSD (Additional Buyer's Stamp Duty)

On 15 Dec 2021, the government announced a package of measures to cool the property market. Among which, from 16 Dec 2021, the Additional Buyers Stamp Duty (ABSD) rates will be raised.

The ABSD is a tax levied on top of BSD (Buyer’s Stamp Duty) for all residential property purchases in Singapore. The ABSD is a percentage of your property price or valuation, whichever is higher.

Here is a quick recap of the latest ABSD (Additional Buyer’s Stamp Duty)

Property Additional Buyer's Stamp Duty (ABSD)

ABSD can take out a big chunk for property purchase. It is imperative to find legal ways to save on ABSD. Here are 9 legal ways for you to use.

Save on ABSD