Venturing into overseas property investment
First do your homework: review your affordability, and research your financing options as well as the country's property rules
DURING the last six years, the Singapore government had introduced a number of cooling measures to moderate the demand for residential properties on the back of rising property prices. These measures include the Additional Buyer's Stamp Duty (ABSD), Seller's Stamp Duty (SSD), and the Total Debt-Servicing Ratio (TDSR) framework.
On the supply side, the government has also been releasing an ample supply of build-to-order (BTO) flats to meet public housing demand.
The challenging local market conditions have spurred buyers, especially investors and local developers, to look abroad.
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