facebookWith the substantial amount of BSD applied to higher-value residential and non-residential properties, together with the higher ABSD, is it worth it for foreigners to own property in Singapore? - Seedly

Chan Zhi Ying

Student Ambassador at Seedly

01 Nov 2023

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Property

With the substantial amount of BSD applied to higher-value residential and non-residential properties, together with the higher ABSD, is it worth it for foreigners to own property in Singapore?

Discussion (1)

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  • ABSD only apply if foreigner want to buy multiple property. For investment not worth.

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  • But if foreigner intend to stay in singapore for long term, is still better to buy. It is still better than renting. Older , smaller and non-central condo should be affordable.

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