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Kiwi Lim

6d ago

∙

Do you think Singaporeans should pay 5 per cent Additional Stamp Duty (ABSD) for buying their first property priced above S$1 million?

As demand from locals and Singapore PRs purchasing homes for owner-occupation has been growing stronger and is expected to rise next year, do you think Singaporeans should pay 5 per cent Additional Stamp Duty (ABSD) for buying their first property priced above S$1 million?

What impact do you think it will have?

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XxxxX

1h ago

Yes. Rich people should pay up to society. Rich people earn money like water while peasants work like mad.

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Ellena

11h ago

Should control the resale HDB price

how can they like sell more than 1 million? Is very obvious many are making use Of policies to their advantag. Buy HDB stay for 5 years then quickly upsell then keep upgrade. All have 2 chance to buy right? so must control and restrict a bit. Making sure people are genuine also. Going Back to root problem. Control the inflation la.... it's really terrible sia.... how can let those daily food kind keep rising one?

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Ricky Chan

1d ago

Looked at on a wider scale, the proposed ABSD of 5% are for those who can afford to pay $1mil and ab...

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For an EC, I heard that I could remove my name after the 5 years MOP (so left my partner’s name). Then I could buy another property without the additional stamp duties. Is there such a thing for BTO?

How much stamp duty do I pay on a house and how does it differ for different kinds of property that I buy such as HDB, resale flat, EC, condominium and landed property, if it applies?

I have a fully paid 5 room HDB. Is it worth it to pay ABSD (I am Singaporean) to get 1 bedroom condo unit for investment? What are the pros and cons?

Wld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25%

Do you think now is the time to invest on condo for staying and release it after 5 years. (unable to buy HDB now). Plan on staying SG for at MOST 5 years only.Think it will not be worth of renting 5 years. Any 2 cents? Thanks ?

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