Are there ways to avoid ABSD? Don't worry, we're not suggesting illegal methods. Here are 7 ways to avoid ABSD in Singapore.
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In 2019, it was reported that there is a growing trend of wealthy Singaporeans buying properties in their children’s name. Why do they do it and should you follow suit? The latest ABSD (Trust) changes on 9 May 2022 sees a 35% tax levied on those who buy properties under their child's names in Singapore.
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Although the higher interest rates can affect some homeowners, the proportion of non-performing mortgages has remained low.
The post Higher interest rates may constraint a small number of homeowners says Minister appeared first on iCompareLoan.
The HDB May 2022 BTO season is upon us and it’s highly likely HDB will announce the launch details anytime soon. If you need a refresher, check out our BTO overview or individual neighbourhood analyses for Bukit Merah, Queenstown, Toa Payoh, Jurong West and Yishun. They include video tours of the neighbourhoods as well! As...
The post HDB May 2022 BTO launch-readiness: Try our 10-question quiz and see how ready you are! appeared first on 99.co.
Singapore mortgage rates have almost doubled in the last six months because of global effort by central banks to combat inflation.
The post Singapore mortgage rates almost doubles in last six months, will rise further appeared first on iCompareLoan.
During the May Day Rally, Prime Minister Lee Hsien Loong warned Singaporeans to be prepared for more economic challenges in the year ahead. Because there may be a recession within the next two years. As a small island country, the fate of Singapore is intertwined with and affected by the destinies of many countries. We... [read more]
The post Be prepared for post-Covid recession appeared first on Property Soul.
When it comes to the HDB BTO application, being a first-timer applicant gives you a lot of benefits. Not only can you qualify for a higher grant amount, but you get more priority too (read: better chance of securing a queue number). First-timer applicant benefits for HDB BTO Enhanced CPF Housing Grant of up to...
The post 5 scenarios that can disqualify you from getting HDB BTO first-timer applicant benefits appeared first on 99.co.
Post-FIRE homebuyer unable to secure home loan or refinance because he’s only earning passive income
A few months ago, someone asked if it’s possible to get a new housing loan or refinance his existing home loan if he’s: a) Retired, or b) Living off passive income (ie. unemployed) By passive income, he means adopting the FIRE lifestyle. FIRE stands for Financial Independence, Retire Early, which is a movement by individuals to...
The post Post-FIRE homebuyer unable to secure home loan or refinance because he’s only earning passive income appeared first on 99.co.
If you’re looking to strike a good balance between a forever home and one with decent price appreciation, this article gives you the top 5 best HDB towns. In this list, we look at HDB towns with the highest price comparison over the past decade, from 1 Jan 2011 to 09 May 2022. Top 5...
The post What S$500,000 can get you in the Top 5 HDB towns with the highest average price psf appreciation appeared first on 99.co.