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ABSD on transfers of residential properties to living trusts

13 May 2022

The Ministry of Finance announced on 8 May 2022 that a 35% additional buyer’s stamp duty charge will apply on any transfer of residential property into a living trust occurring on or after 9 May 2022.

What does this really mean for persons seeking to buy or hold residential property via trusts?

Please click here to read the update.

Get in touch

Ong Sim Ho

Managing Director, Corporate & Finance

Director, Tax & Private Client Services

Seah Ching Ling

Director, Tax and Private Clients Services

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