Singapore Condo Market: Impact of ABSD Adjustments on Foreign Investor Demand
After the Singaporean government adjusted the Additional Buyer's Stamp Duty (ABSD), there was a sharp decline in interest from foreign investors in the country's condominium market. Over the past year, the number of condos purchased by foreigners has decreased by 71%, demonstrating a direct impact of ABSD adjustments on foreign buyer demand.
四月 30, 2024