The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

Singapore still cost competitive for luxury home buys despite ABSD: study

Its tax and property costs for a property worth US$10m and above are lower compared with London, Sydney

Published Mon, Feb 1, 2016 · 09:50 PM
Share this article.

Singapore

EVEN after factoring in the hefty additional buyer's stamp duty (ABSD) of 15 per cent on foreign property buyers, Singapore is still cost competitive compared to London and Sydney for luxury home purchases.

This was among key conclusions stemming from an inaugural Global Tax report by Knight Frank and Ernst & Young.

KEYWORDS IN THIS ARTICLE

Knight Frank

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here