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Are you intending to sell your house? In that case, to calculate your property’s sales proceeds is definitely crucial even before you start to market your property. Understanding the financial details will put you in a more confident position and to better plan for your next housing too! What Information
By now, many of us should have heard of the heavily advertised term “Sell One, Buy Two” property investment strategy whereby a couple gets to own two properties without paying for ABSD (Additional Buyer Stamp Duty). We might still be skeptical on this approach, its feasibility and still have doubts
Should I Sell or Keep My BTO upon reaching MOP? The commonly asked question is whether one should sell off their BTO upon reaching MOP (Minimum Occupation Period). Unfortunately, we do not have any one size fits all method. For many of us, Build to Order flats,or commonly known as
As we all know, Additional Buyer Stamp duty or widely know as ABSD in short, can be quite hefty and can work out to be quite a big sum if we are buying a 2nd property. For example, for a Singaporean intending to purchase a 2nd property at $1,000,000, ABSD
What is ABSD (Additional Buyer Stamp Duty) ABSD, Additional Buyer Stamp Duty, was introduced in December 2011 as a measure to regulate the demand of residential property in Singapore. On top of the normal BSD, Buyer Stamp Duty, liable property buyers will be required to pay this additional tax computed
Whether you are a first time buyer, existing owner looking to upgrade/ downsize or an investor planning to capitalize on the real estate market, it is always to be prepared before starting.
Understanding your financial health, the procedure, the transaction time frame as well as the risk assessment will double your confidence in taking the next step!
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