There have been updates regarding purchasing by way of trust that included the new ABSD rules in Singapore. Most of you might be wondering what they are and their implications for your property purchase.

In this video, I invited my friend, Cannis Seng, who is a conveyancing & decoupling expert, as we tackle the recent changes to the ABSD rules, how they affect you, and what you could do about it.

We will also talk more about this and address commonly asked questions in Part 2 of this series!

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▼ Timestamps ▼

00:00 Intro
01:45 Background Of Cannis Seng
03:09 Definition Of Living Trust
04:31 Questions & Concerns To Debunk About The New Rules
07:18 General Criteria For A Successful Remission
09:22 How Is The New Law Different?