I hope what you said is true..Of cos I hope that it will go up higher..I'm just being realistic..Originally Posted by Unregistered
YES - Not enough CPF Minimum Sum...sigh.
YES - Need to get higher loan for Condo. Not worth it.
NO - I can get good rental yield. Shiok man.
NO - Other reason.
I hope what you said is true..Of cos I hope that it will go up higher..I'm just being realistic..Originally Posted by Unregistered
Originally Posted by Unregistered
If you are correct then potential buyers should take this into account as capital values are very much tied to rental returns . So work out your sums & make sure that whatever you pay the returns on rental should be at least 3.5% minimum.
Oh such a big fall for dist 10.Originally Posted by Unregistered
in actual fact, i think the higher the rental can fetch, the higher property tax we got to pay. and because i bought this unit for staying not renting out. I actually hope the rental can't fetch that high.
Originally Posted by bernard
yes and no..ever wonder if you wanted to sell or upgrade later..ideally, good rental yields should provide a good bench marking on the property prices.
the master plan for the vacant land is critical. too many residentials in kovan, hougang, sengkang and punggol areas..thus making the rental bleak. high rise commercials, industrial or international educational institutions will be ideal for the property prices around the vicinity. I bought TQ with this gamble..tho went in early last year at a fairly good price. let's pray hard for the next plan going forward.
No need to gamble, sure win.... comfirm what you hope for will come true. Commen sense will tell, there are too many residentials already. All these people need to shop, eat, relax and so for....Originally Posted by Unregistered
Originally Posted by Unregistered
no what i meant was ..having food and shops will not increase the number of tenancy in the above areas..1 train station to compass point or hougang central with many food outlets..further down kovan even more small to medium size oulets...what i meant was offices and industrial buildings to lure expats that potential work around those offices/buildings/institutions etc etc..
Dear all,
any idea how much will we be paying for our property tax???
before i buy this property, i only think of getting a house,
but later when i buy, i start to hear my dad say i need to set aside money for alot of other costs...
what is property tax?? for TQ, aga how much? yearly or month???
i only know of the maintainance fee that is around $200/mth.
plus my monthly installment to my housing loan.. wao stress sia ><
this is my 1st home... hehehe alot of things dont know. need help and advice from neighbours =)
Just my personal opinion. I think TQ has its rental potential mainly becos of the MRT station. its only at most half hour down South to lots of offices....I am sure with the influx of foreigners I am sure the rental a bit outside town will be worth their consideration too. Just my one-cent thought.Originally Posted by Unregistered
THERE GOES THE PROPERTY MARKET....ILL, DEAD AND BURIED. REST IN PEACE.Originally Posted by Unregistered
You can inquire via this website https://mytax.iras.gov.sg/ESVWeb/def...PTEVLListIntroOriginally Posted by Happy 1st Home
Property Tax is calculated based on a percentage (Tax rate) of the Annual Value (AV) of your property.
The Annual Value of your property is the estimated annual rent of your property, excluding the rent for furniture, fittings and service charge. The basis is the same for let-out, owner-occupied or vacant properties.
IRAS determines the Annual Value of the property by analysing rents of comparable properties.
Estimated rent of your property is $750 per month
Annual Value is: $750 x 12 = $9,000
The current tax rate is 10% per year. If you are staying in your own house (owner-occupied), the percentage is at a concessionary rate of 4% per year upon application.
Since April 1994, owners of owner-occupied residential properties have been receiving GST rebates, based on the AV of their properties.
Owners of owner-occupied residential properties will also be given Property Tax Rebates in 2008 and 2009, to help households with their living expenses. This rebate is capped at $100 or the property tax amount after deducting the GST rebate, whichever is lower.
Eg
Annual Value of your house is $9,000
Property Tax 4% x $9,000 = $360.00
Less GST rebate $ 50.00
Less Property Tax Rebate $100.00
Tax payable in 2008 $210.00
Summary
For owner-occupied residential properties tax at 4% less Property tax rebate capped at $100
(No GST rebate since our AV will be more than $10K)
NO SIGN OF THE SPECULATORS.....THEY ARE FINISHED!!! MAD RUSH AT THE EXITS....OTHERS PLEASE AVOID THE EXITS....SPECULATORS FLEEING...WATCH OUT FOR YOUR OWN SAFETY.
Whatever... I just can't wait to move in.Originally Posted by Unregistered
Me too Wonder how long my reno will take..Originally Posted by Unregistered
Lightings, study room, baywindow, painting..
Hmm..thinking of changing the basin too...but a bit waste huh?
You dead cos' got no money to pay loan?Originally Posted by Unregistered
Nowaday people buy with cash, fewer loan, liao!
Aiyah, maddog/tigersee, while you are dead, they are still safe and sound.Originally Posted by Unregistered
Stop wasting your time on the forum. The forum will not make you rich.Originally Posted by mr funny
Have a break. Let me buy you a cup of coffee.
- Your private banker
Oh I see, you could be right, since there are so many food outlets and shopping mall around TQ; than having what you said could be a better option.Originally Posted by Unregistered
No point talking about the prices go up and down in this forum. Unless you are buying those high end property which are mainly for investment, other wise it does not affect me at all. TQ are for the mass market, so most of us are buying to stay. Maybe all we need to do is to start saving now for a nice reno and furniture.Originally Posted by Unregistered
I am not going to wait any more for the price of TQ property to come down. I thing it will not come down forever after a long wait. I will rush to the shown room to sign one unit tomorrow from developer.
which unit will you be buying? What is the price now? I also want to buy one for myself.Originally Posted by Unregistered
Last time I also wait for another project which went up too high that I foresake it..Originally Posted by Unregistered
So really no point waiting..it will not come down..
when I go my unit in TQ. I wasn't even in Singapore. my girlfriend went to see and she love it. so we decided to buy it on the spot. that was last year November and only cost just over $500k. seriously... the more you wait, the higher it gets for now. see what just 6 months can do on the prices of TQ.
You mean last year 2007 Nov? which unit and level u got?Originally Posted by Unregistered
I got myself the 07 unit blk 63.
You mean 7th floor? Yours got afternoon sun?Originally Posted by Bernard
WHen did you purchase it? last nov or 2006Nov? Its less than $600K? how big is the area?Originally Posted by Bernard
A little sun is actually good for the house, but not too much.Originally Posted by Unregistered
Mmm... better dun reveal your floor area. haha cuz we'll all know who when we move in. =p
4 units 1 level.... very easy to identify =p
easlier to say out unit than floor.
1 floor 4 units.
1 stack of units 18 levels. lower chance =p hehehe
shhhh *wink*
Why worry!!!! is just your own thinking and comments. Nobody will fault you. You may sell your house before it TOP also.Originally Posted by Happy 1st Home