ABSD Singapore: Can you truly own multiple properties without paying additional tax? The Additional Buyers Stamp Duty (ABSD) or ABSD Singapore is the bogeyman facing property investors. Even if you can afford to pay it, the hefty stamp duty gobbles up a huge chunk of your eventual returns. But is there a “loophole“ or a way around it? Here are some legal ways to save on ABSD and get started on owning your second or subsequent property: First, a quick summary of ABSD rates in Singapore to jolt your memory. Source: Ministry of National Development The ABSD is a tax applied to residential property purchases in Singapore. The ABSD is a percentage of your property price or valuation, whichever is higher. Singapore citizens pay ABSD of 12 per cent on their second property purchase, and 15 per cent on the third or subsequent property purchase....