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Good afternoon Henry,

Only purchasers from these countries wont be subject to ABSD:

1.Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
2.Nationals of the United States of America

Sorry to inform you that you will still be subject to ABSD.

Hope my explanation helps!

Feel free to contact me if you need any assistance or advice in your property purchase in Singapore.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi Henry,

You are right about the ABSD remission due to FTA however they are only applicable to nationals of USA, Iceland and 3 other European cities.

You may however wish to focus on Firesales properties or undervalued properties with % loss as high as 15% and above to make up for your tax. Do contact me to share more on your requirements for me to churn out units from the entire inventory.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 Feb/ April/May ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More

Hi Mr Henry,
You may want to consider investing in commercial properties which is not subjected to additional stamp duties. with the right location, it also has a potential for higher upside and rental yield.
Kindly drop me a call or email for a more detailed discussion on how we can advance your interested in Singapore properties.
Cheers
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More