Seller’s Stamp Duty was introduced more than a decade ago in 2010 in a bid to curb speculation and disincentivize house flipping in the real estate market. Since then, sub-sales of condos have been steadily declining, with numbers spiking again in 2021. Looking at the numbers over the last decade (since 2012), the top 3...
The post Selling your condo before TOP? Here’s what you should know about sub-sale and SSD appeared first on 99.co.
For many Singaporeans homeowners, paying off their home loans using their CPF seems to be the default option. This could possibly be attributed to the lack of understanding of CPF. A common misconception is that your CPF is money that can never be withdrawn – hence you’d be better off using it to service your...
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TDSR, which stands for Total Debt Servicing Ratio, is a way for the Singaporean government to keep checks and balances on Singaporean borrowers. I guess it’s always a risk letting...
The post Total Debt Servicing Ratio (TDSR) and How It Affects Your Loans appeared first on MoneySmart.sg.