When considering investing in condos in Singapore, one must take into account the government’s implementation of property cooling measures. In an effort to discourage speculative purchasing and maintain a steady real estate market, the Singaporean government has put in place various measures over the years. These measures include the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on both foreign buyers and those purchasing multiple properties. While these measures may have an impact on the short-term profitability of condo investments, they ultimately contribute to the long-term stability of the market, making it a more secure environment for
Related posts:
