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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

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Leslie Yee

Leslie Yee

Published Mon, Dec 2, 2024 · 05:46 PM
    • There are good reasons to invest in the groups building new properties, instead of buying new condos for investment.
    • There are good reasons to invest in the groups building new properties, instead of buying new condos for investment. PHOTO: ST

    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.

    Property developersCity Developments Ltd (CDL)CONDOSSingapore residential propertyThe Level Ground

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