In view of continuously rising real estate prices in Singapore, the Monetary Authority of
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In view of continuously rising real estate prices in Singapore, the Monetary Authority of Singapore (MAS) has published a press statement to announce an increase in the so-called Additional Buyer’s Stamp Duty (ABSD) Rates which are taxes imposed on real estate transactions based upon the value of the property. Specifically, MAS announces an increase to all ABSD rates except for those rates applying to ...