As announced late on Wednesday night, foreigners buying any residential property in Singapore from yesterday (April 27) will have to pay an additional buyer’s stamp duty (ABSD) of 60 percent after it was doubled from 30 percent.

While Singaporeans buying their second residential property will pay an ABSD rate of 20 percent, up from 17 percent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 percent, up from 25 percent.

Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group shares his analysis and more.

As announced late on Wednesday night, foreigners buying any residential property in Singapore from yesterday (April 27) will have to pay an additional buyer’s stamp duty (ABSD) of 60 percent after it was doubled from 30 percent.
While Singaporeans buying their second residential property will pay an ABSD rate of 20 percent, up from 17 percent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 percent, up from 25 percent.
Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru Group shares his analysis and more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.