View Full Version : Anyone crazy enough to pay 10% ABSD now?
PropertyNewbie
27-02-13, 12:52
Any heroes left in this forum?
Was eyeing a firesale $2.4 mil property but just cannot accept the thought of paying $306,600 to IRAS.
Any heroes left in this forum?
Was eyeing a firesale $2.4 mil property but just cannot accept the thought of paying $306,600 to IRAS.
I will only consider MMs since the quantum is low and tax low as well.
I'll be one of them :D
but of coz my budget is not as high as urs, capped @ S$1M
Any heroes left in this forum?
Was eyeing a firesale $2.4 mil property but just cannot accept the thought of paying $306,600 to IRAS.
got option if you have only 2 pptys. sell your current, buy the 2.4m. then buy back your current one if it is cheaper than 2.4m. you pay less tax. :D
phantom_opera
27-02-13, 13:26
the answer is the space program
wah kao
can use that $$$ to tour around the world leh!! :o:o
phantom_opera
27-02-13, 13:39
http://www.doctorhousingbubble.com/wp-content/uploads/2012/01/canada-us-price-composite.jpg
Everywhere not in heavy debt + low interest is having bubble
http://www.huffingtonpost.ca/2013/01/11/house-prices-canada-overvalued_n_2457058.html
Will only buy when deferred payment scheme is back .... :p
phantom_opera
27-02-13, 13:48
Number represents percentage above long-term rent-to-house-prices ratio.
1: Canada - 78%
2: Hong Kong - 69%
3: Singapore - 57%
5: Australia - 45%
4: France - 50%
the answer is the space program
this is a far, faR, fAR, FAR shot
we don't even have that kind of expertise locally. more FTs to be imported for sure
Any heroes left in this forum?
Was eyeing a firesale $2.4 mil property but just cannot accept the thought of paying $306,600 to IRAS.
Funny. The more people pay, the more IRAS huat?!!!
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