Will Additional Buyer’s Stamp Duty (ABSD) be payable if an individual or a company inherits a residential property (HDB or private), especially when the beneficiary already owns one or more residential properties?

Question

Accepted Answer

Stamp duty is not payable for properties acquired by way of assent to the beneficiaries (whether an individual or an entity) in accordance to the Deceased's Will, Intestate Succession Act or Muslim Law of Inheritance.

Will Additional Buyer’s Stamp Duty (ABSD) be payable if an individual or a company inherits a residential property (HDB or private), especially when the beneficiary already owns one or more residential properties?

Related questions

I am an owner of an HDB and have inherited a private property. Is Additional Buyer's Stamp Duty (ABSD) payable on the inherited property?

Do I need to pay stamp duty if I receive a property by way of gift?

I am a Singapore Citizen and had purchased an HDB flat with my fiance/fiancee who is an SPR. Is Additional Buyer's Stamp Duty (ABSD) payable?

I own a company and had purchased an HDB shophouse under the company's name. If I am to de-register my company and transfer the shophouse to myself, will Additional Buyer's Stamp Duty (ABSD) be payable?