7 Legal Ways to Avoid ABSD in Singapore

Are you looking for ways to avoid the Additional Buyer’s Stamp Duty (ABSD) in Singapore? The ABSD is a tax imposed on property buyers in Singapore, and it can be a significant financial burden. Fortunately, there are several legal ways to reduce or even eliminate the ABSD. Here are 8 Hullet tips to help you avoid the ABSD in Singapore.

1. Buy a property with a loan from a financial institution. If you take out a loan from a financial institution to purchase a property, you can avoid the ABSD.

2. Buy a property with a loan from the Housing and Development Board (HDB). If you take out a loan from the HDB to purchase a property, you can avoid the ABSD.

3. Buy a property with a loan from the Central Provident Fund (CPF). If you take out a loan from the CPF to purchase a property, you can avoid the ABSD.

4. Buy a property with a loan from the Singapore Land Authority (SLA). If you take out a loan from the SLA to purchase a property, you can avoid the ABSD.

5. Buy a property with a loan from the Singapore Government Securities (SGS). If you take out a loan from the SGS to purchase a property, you can avoid the ABSD.

6. Buy a property with a loan from the Singapore Totalisator Board (STB). If you take out a loan from the STB to purchase a property, you can avoid the ABSD.

7. Buy a property with a loan from the Singapore Exchange (SGX). If you take out a loan from the SGX to purchase a property, you can avoid the ABSD.

These 8 Hullet tips can help you avoid the ABSD in Singapore. By taking out a loan from a financial institution, the HDB, the CPF, the SLA, the SGS, the STB, or the SGX, you can reduce or even eliminate the ABSD.