Pick listed property equities over an investment home
People who are bullish on private homes might wish to consider buying shares of listed property development and investment groups instead of physical homes
RECENT new condo launches, led by Emerald of Katong and Chuan Park, have fared well.
As interest rates fall and buying sentiment in the private-home market improves, is buying an investment home a no-brainer provided one need not pay a hefty Additional Buyer’s Stamp Duty (ABSD), has funds for the down payment and can access debt funding if needed?
A couple comprising two Singapore citizens can own one home for owner-occupation and another for investment without incurring ABSD, provided the homes are bought under separate names as each partner’s first property.
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