Revised ABSD rules for upgraders, more GLS sites in OCR among PropNex’s Budget 2023 wishlist
In its wish list, PropNex Realty has proposed a revision in additional buyer’s stamp duty (ABSD) remission rules for married couples who are upgrading from HDB flats to private homes. Noting the upfront ABSD payment – at 17% for Singaporeans buying a second residential property – is “the biggest hurdle” for many families looking to […]