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Thread: It's been 2 years since the 4 years SSD was introduced. Any flippers still around?

  1. #1
    Divine price's Avatar
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    Default It's been 2 years since the 4 years SSD was introduced. Any flippers still around?

    So it's been almost 2 years now since the 4 years SSD was introduced on 14 January 2011.

    Some flippers who were hit by this stop flipping, others continued especially in the MM market.

    Would you still flip and incur the hefty SSD if net of SSD and all other expenses (i.e. legal fees, sd, maintenance fees, agent fees) you still make a gain?

    The answer is obvious. If the gain is attractive enough, why not?

    So my question is, how much is a good gain for flippers (1 to 2 years since that's the speed of MM construction these days).

    Share your views!

  2. #2
    tweet @condoexchange carbuncle's Avatar
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    flip too much lim kopi with tax man k.... lol

  3. #3
    Music of the night phantom_opera's Avatar
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    All roti prata flippers become 4y medium term investors lol
    Ride at your own risk !!!

  4. #4
    Divine price's Avatar
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    Quote Originally Posted by carbuncle
    flip too much lim kopi with tax man k.... lol
    100k net gain would u flip?

  5. #5
    tweet @condoexchange carbuncle's Avatar
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    Quote Originally Posted by price
    100k net gain would u flip?
    Sure why not. The income tax cant b high since i m jobless. Share share $5,650 with the nation.

  6. #6
    Divine price's Avatar
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    Quote Originally Posted by carbuncle
    flip too much lim kopi with tax man k.... lol
    tax man would have collected enough from 16%/12% ssd

  7. #7
    Senior radha08's Avatar
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    looks like NOT many cos thread got so few replies...flippers become keepers...

  8. #8
    Divine price's Avatar
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    Quote Originally Posted by radha08
    looks like NOT many cos thread got so few replies...flippers become keepers...
    Yea, maybe because MMs gonna be rare now

  9. #9
    Junior
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    Flipper vs Flopper

  10. #10
    Divine price's Avatar
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    Quote Originally Posted by Laguna
    Flipper vs Flopper
    Hi Laguna, what are your thoughts? to flip or to hold and gain rental yield?

  11. #11
    Junior
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    Quote Originally Posted by price
    Hi Laguna, what are your thoughts? to flip or to hold and gain rental yield?
    look like I am not going to have an easy Sunday afternoon with you.

  12. #12
    mutant powerpuff buttercarp's Avatar
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    Quote Originally Posted by Laguna
    look like I am not going to have an easy Sunday afternoon with you.
    Hi Laguna, just curious to know about your meeting with selected forummers in real life.
    Do you tcss as well, or is it very serious, eg talk about bonds, properties and how to build up portfolio?

  13. #13
    Divine price's Avatar
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    Quote Originally Posted by Laguna
    look like I am not going to have an easy Sunday afternoon with you.
    don't worry im open to ideas! i have my own thoughts as well. looking forward to lim wine @ ur balcony!

  14. #14
    Office Boy
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    Quote Originally Posted by price
    don't worry im open to ideas! i have my own thoughts as well. looking forward to lim wine @ ur balcony!
    Hey! Got gathering never jio Office Boy ?
    Is it because my job too low class ?

    I can contribute to the discussion also leh!

    PM me to tell me more ok ?
    I can bring some wine to go your balcony+planter box to lim ...

    DKSG

  15. #15
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    Quote Originally Posted by DKSG
    Hey! Got gathering never jio Office Boy ?
    Is it because my job too low class ?

    I can contribute to the discussion also leh!

    PM me to tell me more ok ?
    I can bring some wine to go your balcony+planter box to lim ...

    DKSG
    My MM Balcony cannot fit anyone. For pets maybe!

  16. #16
    Office Boy
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    Flipping is out of fashion liao ...

    People never tell u meh ?
    Singaporeans are very obedient one, if the gahmen tell them cannot quick buy quick sell properties, must keep 4 years then can sell, people will listen one!

    The only segment good for flipping now is commercial/retail shops. The Roti Prata is being served at a good speed sia!

    DKSG

  17. #17
    Office Boy
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    Quote Originally Posted by price
    My MM Balcony cannot fit anyone. For pets maybe!
    Lim Wine @ your balcony ? I thought Laguna's ?

    I also dont have blacony, only planter though I stay in 2BR unit.
    So dont worry abt no balcony...

    Where is gathering ?



    DKSG

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