New ABSD and New Measure for property buyers on 5th July 2018
New ABSD measure after market picks up – Why do the government want to increase the Additional Buyer Stamp Duty (ABSD) when Singapore property has recently started to recover in 2018? Latest news on the cooling measures also includes the new Loan To Value (LTV), limiting borrowers up to 75% maximum loan.
ROI: Expenses and Rental Yield for Second Property
Return on Investment (ROI) Returns on Investment (ROI) when you purchase a second property looks at the amount of profit gain for your investment. What are the factors affecting your ROI? Expenditure and Returns When you purchased a second property, there is an Additional Buyer Stamp Duty of 7%. The investment amount tends to be […]
Is Singapore property market at a turning point?
Nonetheless, sales results in March this year suggest the market may be at a turning point. Here are some signs as to why that may be:
What to ask when shopping for a mortgage
What are the Questions you need to ask for a mortgage loan before buying a Real Estate? Interest Rate The interest rate for a mortgage is very low, are you willing to risk fix rate for a variable rate if the variable rate is super attractive now? This also depends on how