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Demystifying ABSD: Additional Buyer's Stamp Duty
As of April 27, 2023, ABSD rates differ for various buyer categories:
* Singapore Citizens: 0% for the first property, 20% for the second, and 30% thereafter.
* Permanent Residents: 5% for the first property, 30% for the second, and 35% thereafter.
* Foreigners: 60% from the first property.
* Entities: 65% for any
Developers’ sales for the week of 18 Mar – 24 Mar 2024 were 75 units
Developers’ sales for the week of 18 Mar – 24 Mar 2024 were 75 units
The CCR accounted for 28.0% while the RCR and OCR made up 24.0% and 48.0%
The respective top-selling projects in the CCR is Cuscaden Reserve followed by Grand Dunman in the RCR and
what are the advantages and disadvantages of investing in resale properties
Pros of Buying a Resale Property:
1. Cost-Effective: Resale properties are generally less expensive than new ones, making them a more affordable option.
2. Ready-to-Move-In: Most resale properties are in ready-to-move-in condition, saving you from waiting for construction to be completed.
Negotiation: In the secondary market, you have the power