Unique selling points underpin the enduring love for Singapore homes

Should Singapore’s safe-haven status grow, the pool of interested buyers of Singapore homes could expand. But transaction costs are high

There are many reasons not to buy private homes for investment in Singapore. With net yield at around 2 per cent per annum, it may not make sense to borrow to help fund a home purchase, as home loan rates may exceed the yield from a home.

Investors in homes here incur high taxes. Singapore citizens pay additional buyer's stamp duty (ABSD) - 17 per cent for those buying their second home and 25 per cent for those buying their third and subsequent homes. Starting in 2023, property tax rates for all residential landlords will rise.  

Typically, buyers buy homes here for long term capital gains. But will such gains be attractive given slow population growth and an ageing population? One may find...


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