ABS

Buying a luxury home in Singapore comes with various considerations, and one of them is the Additional Buyer's Stamp Duty (ABSD). The Singapore government implemented the ABSD as a measure to cool the property market and discourage speculative activities.

Understanding ABSD Remission in Singapore

ABSD remission is a scheme that allows certain property buyers to be exempted from paying the full ABSD amount or receive a refund of ABSD already paid. It benefits specific groups such as Singapore citizens, Singapore permanent residents, and qualifying entities.

Eligibility Criteria for ABSD Remission

To qualify for ABSD remission, you must meet certain criteria:

• Being a Singapore citizen or Singapore permanent resident
• Having purchased a residential property before
• Meeting the holding period requirement
• Not owning any other residential property in Singapore

Benefits of ABSD Remission

ABSD remission can provide significant financial relief for luxury home buyers. By saving on ABSD, purchasers have more resources to invest in their dream homes or seek additional property investments. It alleviates some of the financial burden associated with property purchases.

SG Luxury Homes - Your Trusted Real Estate Partner

When it comes to buying luxury homes in Singapore, SG Luxury Homes stands out as a reputable real estate agency providing top-notch services. Our team of experienced real estate agents specializes in luxury properties and assists clients in navigating through the complexities of property transactions.

Expert Real Estate Agents

Our real estate agents possess an in-depth understanding of the Singapore property market and extensive knowledge of luxury properties. With their expertise, they can identify suitable homes that align with your requirements and negotiate favorable terms on your behalf.

Comprehensive Home Services

In addition to our outstanding real estate agents, SG Luxury Homes offers comprehensive home services to cater to all your needs. From property valuations and inspections to legal and financial advice, we aim to ensure a seamless and hassle-free purchase process for our clients.

Find Your Dream Luxury Home in Singapore with SG Luxury Homes

At SG Luxury Homes, we are committed to helping you find your dream luxury home in Singapore. Whether you're looking for a waterfront property, a penthouse with breathtaking city views, or a prestigious landed home, we have a wide range of listings to suit your preferences.

Personalized Service

We understand that every individual has unique preferences and requirements when it comes to buying a luxury home. Our dedicated team provides personalized service, taking the time to understand your needs and guiding you through the entire property search and acquisition process.

Exclusive Listings

As a leading provider of luxury homes in Singapore, we have access to exclusive listings that are not available through other channels. Our extensive network and strong connections in the industry enable us to offer you a curated selection of premium properties.

Competitive Pricing

SG Luxury Homes is committed to providing competitive pricing for our luxury properties. We understand the importance of fair market value and ensure that our listings reflect current market trends. With us, you can be confident that you're getting the best value for your investment.

Conclusion

When it comes to buying luxury homes in Singapore, learning about ABSD remission and partnering with a trusted real estate agency like SG Luxury Homes are essential steps towards a successful and rewarding property purchase experience. Benefit from our expertise, personalized service, and extensive network as you embark on your journey to find the perfect luxury home in Singapore.