Tag: second property

CPF Housing Withdrawal Limits main

CPF Housing Withdrawal Limits: What You Need to Know

If you’re reading this, chances are you’re probably relying on — or intending to rely on — your CPF to pay the monthly mortgage instalments for your property. However, there’s a limit on how much CPF funds you can use in some cases. To avoid the rude shock of realising you’ve exceeded your CPF Housing…

ABSD increase property buyer

How property buyers should react to the ABSD increase

So you were either celebrating your wedding anniversary at a Michelin-star restaurant or working overtime in your office. Either way, you missed the chance to buy your dream property before the Singapore government raised Additional Buyer Stamp Duty (ABSD) and further tightened the Loan-to-Value (LTV) limit on the stroke of midnight — a move that…

Stamp duty for property in Singapore: What you need to know

One of the many additional costs associated with buying property is stamp duty. Stamp duty refers to the tax on documents relating to the purchase or lease of a property, payable to the Inland Revenue Authority of Singapore (IRAS). Virtually all residential property transactions — including buying, selling and renting property — in Singapore are subject…

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