ABSD and SSD FAQ

ABSD (Additional Buyer Stamp Duty) is different from SSD (Seller Stamp Duty). SSD is applied on Private Residential Property and Industrial property but excludes Commercial Property (eg. Office, Retail shop, Medical Suites) Seller Stamp Duty (SSD) for Private Residential Property was previously imposed for 4 years within property purchase however,…

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Speculation in commercial properties rises.

Owners hold commercial, industrial units for barely three months before flipping them. SPECULATION seems rife in the strata- titled commercial and industrial property sectors with many new units being held for barely three months before they are flipped. Commercial units launched this year are being held for only an average…

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