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Asked by Iqbal 27 Dec 2011

With the new tax regulation (10 percent additional buyer’s stamp duty), how much money will a foreigner have to pay as tax, for an apartment that costs,eg, 1 million SD?

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Mike Lim · Answer 1 · 2011-12-27T11:39:38+08:00

Mike Lim

Replied 27 Dec 2011

Morning,

With the ABSD, you will need to prepare $125k, just for the stamp duty, excluding legal fee.

Do feel free to contact me for further discussion.

Regards
Mike Lim
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