ABSD
Apex court rejects resulting trust claim in 99-1 condo dispute
It says enforcing such a trust would effectively endorse an intention to evade ABSD
Couple sues ERA, agent and law firm for S$731,212 over alleged misrepresentation in ‘99-1’ property deal
Claimants seeking to recover additional tax and surcharge imposed for illegal stamp duty avoidance on their condominium purchase
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
Imagining a housing market without ABSD
A world where the private homes market has fewer shackles and all locals can buy new HDB flats
Anthony Law, PropNex Realty salesperson rebut allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania
Singapore wins when a foreigner pays S$6,274 psf for a luxury condo here
Lowering ABSD for sales of big ticket luxury condo homes to foreigners could yield benefits
New licensing regime from 2028 for supervision of large-scale building works: Chee Hong Tat
From 2027, building owners and developers must also engage licensed firms to certify newer lifts and escalators meant for public use
Car ownership in Singapore is progressive through additional registration fee: MOT
Ministry was responding to a commentary in BT on introducing ABSD-like elements to the COE system
Stamp duty takings up 9.5% to S$6.4 billion in FY2024 after two years of decline
Property tax revenue increases 12.9% to S$6.7 billion
Should the COE system for cars borrow ideas from the ABSD regime for homes?
Consider prioritising locals owning one car