May 2023

Singapore ranks No. 1 in the world for highest stamp duty rates on foreigners buying homes

The Additional Buyer’s Stamp Duty (ABSD) rate hike last week was perhaps the most punitive for foreigners planning to buy a home in Singapore. Among the rate increases announced late Wednesday night on 26 April 2023, the hike for foreigners was among the highest at 100%, doubling from 30% to 60% on any residential property…

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May 2023 HDB BTO review: Tengah

Among the May 2023 HDB BTO projects, a few have generated some buzz. One of them is the Tengah BTO located next to the new ACS (Primary) campus. But this Tengah BTO isn’t the only project launching in the town this round. A smaller BTO along Plantation Close will also be put up for balloting…

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