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    • Coolkidsrock2C Offline
      Coolkidsrock2
      last edited by

      Looking to re-built for own stay.


      I will be quite happy if ABSD stays for a few more years. At least 1 kid will be closer to getting driving licence.

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      • N Offline
        ngl2010
        last edited by

        meinteel:
        ABSD is very lucrative for the government and is unlikely to be abolished. Maybe in 1-2 years time the government will reduce the rates.


        For those who wish to invest in their 2nd Singapore properties without paying for ABSD can contact me. I'm a licensed real estate salesperson & an accountant.
        I have thought of decoupling but it is not worth it.

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        • F Offline
          FantasyLandDreams
          last edited by

          ngl2010:
          meinteel:

          ABSD is very lucrative for the government and is unlikely to be abolished. Maybe in 1-2 years time the government will reduce the rates.


          For those who wish to invest in their 2nd Singapore properties without paying for ABSD can contact me. I'm a licensed real estate salesperson & an accountant.

          I have thought of decoupling but it is not worth it.

          May I know if there are fees involved for decoupling and reasons why it is not worth it? How does decoupling method works? Thanks.

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          • N Offline
            ngl2010
            last edited by

            FantasyLandDreams:
            ngl2010:

            [quote=\"meinteel\"]ABSD is very lucrative for the government and is unlikely to be abolished. Maybe in 1-2 years time the government will reduce the rates.


            For those who wish to invest in their 2nd Singapore properties without paying for ABSD can contact me. I'm a licensed real estate salesperson & an accountant.

            I have thought of decoupling but it is not worth it.

            May I know if there are fees involved for decoupling and reasons why it is not worth it? How does decoupling method works? Thanks.[/quote]You can read this.
            https://blog.propertyguru.com.sg/12559/ ... pling.html

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            • F Offline
              FantasyLandDreams
              last edited by

              May I know if there are fees involved for decoupling and reasons why it is not worth it? How does decoupling method works? Thanks.[/quote]

              You can read this.
              https://blog.propertyguru.com.sg/12559/ ... pling.html[/quote]

              :thankyou:

              1 Reply Last reply Reply Quote 0
              • meinteelM Offline
                meinteel
                last edited by

                Yes, it is not suitable for everyone.


                Upfront, fees incurred are the buyers stamp duties and legal fees. The overall amount of fees paid will be less than the ABSD itself.

                However only couples of which both are relatively young and working in stable jobs would qualify. The couple should also have complete trust with each other.

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                • S Offline
                  sun sun sun
                  last edited by

                  http://i68.tinypic.com/25hnzp3.jpg\">


                  For those who are interested. Came across this...

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                  • JenniferJ Offline
                    Jennifer
                    last edited by

                    http://i66.tinypic.com/ejymmd.jpg\">

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                    • starlight1968sgS Offline
                      starlight1968sg
                      last edited by

                      Jennifer

                      Somehow I cant view the image.
                      The ppty sector is such quiet.

                      1 Reply Last reply Reply Quote 0
                      • J Offline
                        jetsetter
                        last edited by

                        I think it’ll continue to soften as China is not doing well.


                        Good to embark on an austerity drive now, save up and hold on to your liquid cash and standby to enter the market towards end 2016/17.

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