What are the various strategies to own multiple properties without paying ABSD?
The ABSD would simply be too high if I own multiple properties.
1
Discussion (1)
What are your thoughts?
Learn how to style your text
Douglas Chow
26 May 2019
Chief Enlightenment Officer at Empower Advisory
Reply
Save
Write your thoughts
Related Articles
The only way is buying industrial and commercial properties as these 2 classes of properties don't attract ABSD for now.
But u need some fire power aka ammo since you can't use CPF for it. and (Total Debt Servicing Ratio) TDSR still apply to you if you are buying as an individual. If u buy as a company, than the financials of the company must be strong enough to secure bank loans.
You can always connect with me via https://www.facebook.com/douglas.chow.908 or simply whatsapp/sms my company 24/7 hotline @83324283
Remember, plan your finances properly, don’t overstretch, do your homework and enjoy your property investment journey.
Regards
Douglas Chow