Additional buyer’s stamp duty of 35% to be levied on transfers of residential property to living trust

May 09, 2022 12:24 AM

SINGAPORE – Transfers of residential properties into a living trust will be subject to an Additional Buyer’s Stamp Duty (ABSD) of 35 per cent from Monday (May 9), the Ministry of Finance (MOF) announced on Sunday.

Source : https://www.straitstimes.com/business/property/absd-of-35-to-be-levied-on-transfers-of-residential-property-to-living-trust